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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

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ALL ABOUT TOWN

Wednesday, July 30


SPIBA continues their series of Look@It tours, which focus on the success stories of major brands in the St. Petersburg market. Today’s event will focus on the Gorky Golf Club and will also be held there. For more details visit spiba.ru



Thursday, July 31


Develop your leadership abilities during a lecture by famous Russian author and coach Radislav Gandapas. The event starts at 9 a.m. at 5 Lodeinopolskaya Ulitsa. The price for entry is 20,500 rubles ($570).


Relax and enjoy a Parisian atmosphere with some romantic and laidback jazz tunes during the Night of French Music at Lenny Jam Cafe, 63 Ligovsky Prospekt. The entrance fee is 250 rubles ($7).


The Women’s Business Club is hosting a Beauty Brunch where participants are invited to discuss the latest news in the beauty industry and listen to lectures by professional stylists in the business.



Friday, Aug. 1


Bikers from all around the world will gather to take part in a parade, extreme shows and rock concerts during the International Biker Festival that revs its engines today and runs through Aug. 3 near Olgino Hotel, 4/2 Primorskogo Shosse.


The Peter and Paul Fortress will be turned into an open-air cinema today and tomorrow as part of the 5th International Short and Animation Film Festival. A huge screen across the fortress walls will air short films non-stop with board games, photo sessions and other activities also on offer for visitors. For more information, visit www.opencinemafest.ru



Saturday, Aug. 2


Gatchina Palace Park Museum will host its second annual Night of Light, an impressive audio-visual show across the night sky. Tickets are 600 rubles ($16).


If graphic design is more your thing then check out Illustration Day, where you will be able to visit an exhibition, attend lectures by professionals and even show experts some of your own work. The event starts at noon at Zona Deystvia, 73 Ligovsky Prospekt. The entrance fee is 350 rubles ($10).



Sunday, Aug. 3


History lovers shouldn’t miss the chance to see reenactments of World War I battles in Pushkin at noon. Besides exciting war scenes, visitors can enjoy live music, historical costumes, an equestrian show and a fancy-dress parade starting from the Moscow gates.


Garage Sale, the popular and growing flea market where nothing is priced over 500 rubles ($14.11), starts today at noon in Loft-Project Etagi, 74 Ligovsky Prospekt. Be sure to get in early to score a bargain. Entry costs 50 rubles ($1.40)



Monday, Aug. 4


Continue the working week with a calm and steady mind with a free yoga lesson at 7 p.m. in the Bukvoed store at 23A Vladimirsky Prospekt.



Tuesday, Aug. 5


Visit The Romanov Dynasty doll exhibition today, where more than fifty porcelain dolls depicting Russian rulers, and made by Olina Ventzel, will be on show. The exhibition continues through Aug. 31 in Sheremetyev Palace, 34 Fontanka Naberezhnaya.



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