Similar Stories to Russia To Cut Budget For 2018 World Cup Amid Economic Woes on Bing News

MOSCOW (AP) — Russia's Sports Minister says the government will cut the budget for hosting the 2018 World Cup as part of plans to slash state expenditure while recession looms. The Russian government is cutting its spending by 10 percent across the board after the central bank predicted last month that the economy could contract by up to 4.7 percent this year. Mutko, who is a FIFA executive committee member, said in comments reported by the Tass news agency that World Cup stadiums and associated infrastructure would be exempt from the cuts, but "various organizational issues" and "subsidies to the organizing committee" would be cut.Read more on NewsOK.com

Topics:  moscow ap     russia's sports minister   the russian   mutko   fifa   tass   newsok   world cup   cut   budget   percent   government   committee   
BING NEWS:
  • President Joe Biden calls Japan and India 'xenophobic' nations that do not welcome immigrants
    President Joe Biden has called Japan and India “xenophobic” countries that do not welcome immigrants, lumping the two with adversaries China and Russia as he tried to explain their economic ...
    05/2/2024 - 9:20 am | View Link
  • Estimated cost of World Cup matches in Vancouver has doubled since 2022
    The estimated cost of staging matches at BC Place Stadium during the 2026 World Cup has more than doubled over the past two years to $483 million to $581 million Canadian ($351 million to $422 million ...
    05/1/2024 - 5:41 am | View Link
  • Economic Change in Russia
    The Russia and Eurasia Program offers analysis of rapid economic change in Russia and the consequences for U.S. policy There is no aspect of contemporary Russia that has changed more rapidly and ...
    04/30/2024 - 1:00 pm | View Link
  • Vancouver 2026 World Cup to cost up to $581M, province suggests
    In January 2023, the province figured it would cost about $230 million, but at the time, Vancouver was expected to host just five games. The cost estimate has more than doubled with an additional two ...
    04/30/2024 - 10:59 am | View Link
  • Antony Blinken says China enabling Russia's war in Ukraine
    Russia's rapid production of military equipment is being enabled by China, perpetuating the war in Ukraine and raising concerns in European countries about their safety after that conflict ends, U.S.
    04/29/2024 - 9:50 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Sports News