Alitalia: 4-hour strike could cause delays, cancellations of flightsOctober 9th, 2009 Alitalia warns of strike SundayROME — Alitalia says a four-hour strike called for Sunday could cause delays or cancellations of some flights. The Italian airline said Friday night that it was trying to book passengers on other flights.
Report: Budget for 2014 Sochi Olympics in Russia soars nearly threefold to $33 billionSeptember 30th, 2009 Report: Sochi 2014 budget triples to $33 billionMOSCOW — A Russian business newspaper says the 2014 Sochi Olympics budget will be more than $33 billion, nearly triple the original estimate. The newspaper Vedomosti, citing documents from the Ministry for Regional Development, reported Tuesday about $23 billion would come from the federal budget, with the rest to come from private investors.
Russian premier Putin urges foreigners to invest, pledges less bureacracySeptember 18th, 2009 Russia's PM Putin urges foreign investmentSOCHI, Russia — Russia's Prime Minister Vladimir Putin urged foreign businessmen Friday to invest in Russia, promising to remove bureaucratic hurdles, and called for currencies besides the dollar to be used as reserves amid "uncontrolled" U.S. debt. "Russia's economy is totally underinvested," and state spending alone is not enough to support a recovery, Putin said at an international investment forum in the Black Sea resort of Sochi, which is to host the 2014 Winter Olympics.
AP Interview: IOC president 'optimistic' Vancouver will avoid budget shortfallSeptember 11th, 2009 Rogge doesn't expect Vancouver budget deficitLONDON — International Olympic Committee president Jacques Rogge is confident the 2010 Winter Games in Vancouver will break even despite a budget shortfall. In an unprecedented gesture, the IOC said last month it would offer financial assistance to Vancouver's organizing committee, VANOC, if it ends up with a budget gap following the Feb.
Russia warns of violence if Georgia stops Abkhazia-bound ships in Black SeaSeptember 3rd, 2009 Russia warns Georgia against Abkhaz 'sea blockade'MOSCOW — A Russian official has warned Georgia that attempts to block ships from reaching a Moscow-aligned separatist region of Georgia could end in military intervention. Foreign Ministry spokesman Andrei Nesterenko did not make any specific threats in televised comments Thursday but said that "attempts to install a sea blockade" on Abkhazia "could lead to a serious armed incident."
Separatist authorities say Georgia has halted 23 ships in Black Sea waters near Abkhazia this year.
Prague pulls out of race to host 2020 Summer Olympics as planned due to global economic crisisJune 16th, 2009 Prague out of race to host 2020 Summer OlympicsPRAGUE — Prague will not enter the race to host the 2020 Summer Olympics as planned due to the global economic crisis. The city council of the Czech capital voted 11-0 Tuesday to cancel preparations for the bid, said Marketa Reedova, deputy mayor and council member.
Official says Russia's budget won't fund preparations for 2014 Sochi Olympics in 2009-2010June 2nd, 2009 Russia: No government money for Sochi in 2009-10MOSCOW — The Russian government won't finance the preparations for the 2014 Winter Olympics in Sochi this year and next because there is enough financial support from private investors, Deputy Prime Minister Alexander Zhukov said Tuesday. Zhukov, the government official overseeing preparations in the Black Sea resort, said the funds raised by Sochi's local organizing committee have exceeded the government's expectations.
IOC's Killy warns Russia against delays in preparations for the 2014 Winter Games in SochiMay 14th, 2009 IOC urges steady pace for 2014 Sochi GamesSOCHI, Russia — A top International Olympic Committee official says any construction delays could threaten Russia's ambitious plans for the 2014 Winter Games in the Black Sea resort city of Sochi. Russian Prime Minister Vladimir Putin assured the IOC on Thursday that construction and financing are on schedule.
IOC praises Russia's preparations for 2014 Winter Olympics, but warns against delaysMay 13th, 2009 IOC hails Sochi preparations, warns against delaysSOCHI, Russia — A top International Olympic Committee official has praised Russian organizers of the 2014 Winter Games but warned against any delays in preparations. Jean-Claude Killy and the IOC's coordination commission are spending two days examining Olympic venues at the Black Sea resort of Sochi.
Construction creaks into gear as Sochi begins preparations for Vladimir Putin's 2014 OlympicsMay 8th, 2009 Sochi Olympic construction begins as clock ticksSOCHI, Russia — A dumptruck decorated with a Russian flag rattles down a dirt track on a massive fenced-in field, kicking up a plume of dust. In less than five years, somewhere in this expanse of short grass, stones and weeds by the Black Sea, the 2014 Winter Olympics are to open with a ceremony watched worldwide.
Sochi committee head says plans for 2014 Winter Olympics ahead of schedule and on budgetMay 6th, 2009 Sochi organizer says plans ahead of scheduleGENEVA — The chief organizer of the 2014 Winter Olympics in Sochi says that preparations in the Russian city are ahead of schedule and financing for the games is secure. The Black Sea resort and routes to the nearby mountains are "a huge construction site," organizing committee head Dmitry Chernyshenko said on Wednesday.
SKorean city of Pyeongchang gets third consecutive chance to bid for Winter OlympicsApril 23rd, 2009 SKorean city to launch 3rd bid for Winter OlympicsSEOUL, South Korea — Pyeongchang will bid for the third consecutive time to host the Winter Olympics. The South Korean Olympic committee chose the alpine city of Pyeongchang to bid for the 2018 Winter Olympics in a 30-13 vote, committee spokesman Kim Yong said Thursday.
Chair of IOC evaluation panel praises Tokyo 2016 Olympic bidApril 19th, 2009 Chair of IOC panel praises Tokyo 2016 bidTOKYO — The chairwoman of the International Olympic Committee's evaluation commission on Sunday said its members were "most impressed" by Tokyo's bid to host the 2016 Summer Games. Nawal el Moutawakel praised the city's vision, concept and high quality presentation, while at a news conference marking the end of the IOC team's four-day inspection of Tokyo.
Budget for Sochi Winter Olympics to be cut by two-thirdsFebruary 25th, 2009 MOSCOW - Russia will slash financing toward preparing for the 2014 Winter Olympics in Sochi by near two-thirds this year as it feels the heat of the market crunch. Regional development minister Viktor Basargin was quoted by Russian news agencies that 33.2 billion roubles ($923 million) would be stripped from the 49.8-billion-roubles construction budget for the firm Olympstroi in 2009.
Russia will finance 2014 Winter Olympics, assures PutinJanuary 30th, 2009 MOSCOW - Russian Prime Minister, Vladimir Putin, has assured the International Olympic Committee (IOC) that his government remains fully committed to financing the 2014 Winter Olympic Games in Sochi despite the global economic crisis. Putin said Saturday at a meeting with the Games' IOC coordinator Jean-Claude Killy in Sochi that the financing of the Games was secured in the State budget.
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