Friday, September 19, 2014
 
Follow sptimesonline on Facebook Follow sptimesonline on Twitter Follow sptimesonline on RSS
MOST READ



PARTNER NEWS



BLOGS



OPINION



WHERE TO GO?

The Romanovs in St. Petersburg

History of St. Petersburg Museum

Small Tragedy, Fatal Passion

Rimsky-Korsakov Apartment Museum

 

Перевести на русский Перевести на русский Print this article Print this article

Sochi: Putin's $51Bln Game of Russian Roulette

Published: January 30, 2014 (Issue # 1795)



  • President Vladimir Putin with Sochi volunteers earlier this month.
    Photo: sochi2014.com

MOSCOW (AP) — For Vladimir Putin, the Winter Olympics he brought to Sochi have always been about far more than sports.

The benefits the Russian president expects from holding the games range from improving Russia's international standing and instilling a sense of national pride to turning around the country's demographic decline. And of course Putin wants to be seen, at home and abroad, as the man who made this all possible.

That's a tall order for an international sports event.

And what if terrorists strike the Olympics, which are taking place Feb. 7-23 just a few hundred miles (kilometers) west of a region where Islamic insurgents carry out bombings and other attacks almost daily? Or if a winter storm rips through the Black Sea resort, knocking out its hastily finished electric grid? Or even if Russian athletes in Sochi repeat their dismal performance of the 2010 Vancouver Winter Games?

Related: A Crumbling Sochi Hides Behind Olympic Facades

If — for one reason or another — Sochi is deemed to be a disaster, the $51 billion spent on Putin's games may suddenly seem like a colossal waste of money. That amount dwarfs the spending of any other Olympics, winter or summer.

"Has Putin over-invested in these games?" Stephen Sestanovich, a Columbia University professor and Russia scholar, asked rhetorically. "Almost surely. And I think the disproportion of the investment will be clearer if the Russians don't bring home a trove of gold medals and if the security situation goes badly."

Putin has made the 2014 Winter Games his personal project from the very beginning, directing an ambitious undertaking to transform Sochi, a once-tacky Soviet-era summer resort, into a world-class winter sports center.

Related: Navalny Publishes Sochi Corruption Report

Pages: [1] [2 ] [3]






 


ALL ABOUT TOWN

Friday, Sept. 19


SPIBA’s newest addition to their Cultural Discoveries events is “Handmade in Germany,” an exhibition featuring unique handmade objects of a significantly higher quality than mass-produced items. The work of over 100 German manufacturers will be displayed during the event, which opens today in the Lutheran Church of Saint Peter and Paul on Nevsky Prospekt and runs through Sept. 28.



Saturday, Sept. 20


Starting on Sept. 18 and ending tomorrow is the Extreme Fantasy Wakeboarding Festival in Sunpark by Sredny Suzdalskoye lake in the Ozerki region of the city.


Those after something more laid back can instead head to Jazz and Wine night at TerraVino with legendary jazz guitarist Ildar Kazahanov. 12/14 Admiralteyskaya Emb.



Sunday, Sept. 21


Learn more about African culture and get some exercise during today’s “Djembe and Vuvuzela,” a bike ride starting in Palace Square that includes several stops where riders can listen to the music of Africa or watch short films about the continent. The riders plan to set off at 4 p.m. and all you need to join is a set of wheels.



Monday, Sept. 22


Do you love puppetry? If so, then be sure to go to BTK-Fest, a five-day festival that starts on Sept. 19 celebrating the art. Contemporaries from France, Belgium, the U.K. and other countries will join Russian artists to put on theatrical performances involving a variety of themes, materials and eras. Workshops and meetings are also scheduled for a chance to discuss the artistic medium in further depth.



Tuesday, Sept. 23


Marina Suhih, Director of the External Communications Department at Rostelecom North-West, and Yana Donskaya, HR Director for Northern Capital Gateway are just some of the confirmed participants of today’s round table discussion on “Interaction with Trade Unions” being hosted by SPIBA. Confirm your attendance with SPIBA by Sept. 22.


Kino Expo 2014, an international film industry convention, will be at LenExpo from today until Sept. 26. The third largest exhibition of film equipment in the world, the expo focuses on not only Russia but former Soviet republics as well.



Times Talk