Importantly, the sports festival brought economic gains equivalent to 1.1% of the Russian economy and employed thousands of people. However, in the past couple of decades, the hosts of the world’s greatest international sport events have incurred significant economic losses.
Read MoreIn every single [football] game, there is a chance that it will be a players’ last. For this reason, it has become a source of great contention and frustration throughout the players’ union that not all NFL contracts are guaranteed.
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