Correspondent, Moscow
Jack's Feed
Jul 14, 2015

Fewer hotels, more campsites as Russia cuts World Cup costs

MOSCOW/NIZHNY NOVGOROD, Russia (Reuters) – Football fans at the 2018 World Cup could find themselves sleeping on boats or pitching tents in Soviet-era summer camps as Russia reins in spending on the tournament by cutting back on the number of hotels.

Back in 2010, when it won the right to host the finals, Russia promised to provide 100,000 rooms for visiting supporters, far exceeding the 60,000 required by football’s world governing body FIFA.

Jul 14, 2015

Soccer-Fewer hotels, more campsites as Russia cuts World Cup costs

MOSCOW/NIZHNY NOVGOROD, Russia, July 14 (Reuters) – Soccer fans at the 2018 World Cup could find themselves sleeping on boats or pitching tents in Soviet-era summer camps as Russia reins in spending on the tournament by cutting back on the number of hotels.

Back in 2010, when it won the right to host the finals, Russia promised to provide 100,000 rooms for visiting supporters, far exceeding the 60,000 required by soccer’s world governing body FIFA.

Jul 13, 2015

CORRECTED: Russia expects no “kick up backside” moment over World Cup

MOSCOW/YEKATERINBURG, Russia (Reuters) – Despite a faltering economy, international tension over Ukraine, and an investigation into its World Cup bid, Russia is confident everything will be ready by the time the soccer extravaganza kicks off on June 14, 2018.

“The dream will come true,” Vladimir Leonov, sports minister for Russia’s Tatarstan republic, told reporters in the regional capital Kazan. “The World Cup is coming and we are lucky to experience it in our lifetime.”

Jul 13, 2015

Russia expects no ‘kick up backside’ moment over World Cup

MOSCOW/YEKATERINBURG, Russia (Reuters) – Despite a faltering economy, international tension over Ukraine, and an investigation into its World Cup bid, Russia is confident everything will be ready by the time the soccer extravaganza kicks off on June 14, 2018.

“The dream will come true,” Vladimir Leonov, sports minister for Russia’s Tatarstan republic, told reporters in the regional capital Kazan. “The World Cup is coming and we are lucky to experience it in our lifetime.”

Jul 13, 2015

Soccer-Russia expects no “kick up backside” moment over World Cup

MOSCOW/YEKATERINBURG, Russia, July 13 (Reuters) – Despite a faltering economy, international tension over Ukraine, and an investigation into its World Cup bid, Russia is confident everything will be ready by the time the soccer extravaganza kicks off on June 14, 2018.

“The dream will come true,” Vladimir Leonov, sports minister for Russia’s Tatarstan republic, told reporters in the regional capital Kazan. “The World Cup is coming and we are lucky to experience it in our lifetime.”

Jun 4, 2015

Economy weighs on Russia World Cup plans amid FIFA scandal

MOSCOW (Reuters) – President Vladimir Putin is still likely to host the World Cup in 2018 despite an FBI investigation into Russia’s winning bid but his hopes of staging a tournament that impresses his critics are fading.

Not only is the event mired in scandal because of corruption allegations hanging over FIFA, soccer’s governing body, but the Russian government is being forced by an economic crisis to trim spending on its preparations.

May 18, 2015

Russian steelmakers risk losing export markets to Chinese rivals

MOSCOW (Reuters) – Russian steelmakers are stepping up exports to compensate for a fall in a domestic demand, but with European and U.S. protectionism fuelling market competition, analysts say they risk losing sales to Chinese rivals.

Exports have become increasingly lucrative for Russian steel producers such as NLMK, Evraz, Severstal and MMK which posted record earnings for 2014, as a weaker rouble lowered costs in dollar-terms and supported profit margins.

May 7, 2015

Parade hiccup as Russia prepares to unveil ‘masterpiece’ tank

MOSCOW (Reuters) – A new high tech battle tank hailed by Russia as a “masterpiece” appeared to break down on Red Square on Thursday during a rehearsal for the military parade at which it will make its long-awaited debut.

The tank’s driver raised a small red flag to show he had problems but managed to drive on about 30 minutes later after an attempt to tow it away was abandoned, a Reuters witness said.

Apr 29, 2015

Russia abandons supply mission to International Space Station

MOSCOW, April 29 (Reuters) – Russia has abandoned a 2.6
billion rouble ($51 million) mission to supply the International
Space Station, the head of the Roscosmos space agency said on
Wednesday, the latest setback for the country’s beleaguered
space programme.

The unmanned Progress M-27M cargo ship, carrying almost 3
tonnes (2,722 kg) of supplies, was unable to dock with the
International Space Station (ISS) because of problems after it
launched from the Baikonur Cosmodrome in Kazakhstan early on
Tuesday, said Roscosmos head Igor Komarov.

Apr 22, 2015

Russia cuts space funding as economic crisis bites

MOSCOW (Reuters) – Russia is cutting spending on its space program by more than a third over the next 10 years because of the country’s economic crisis, forcing it to scrap plans to develop a super-heavy launch rocket.

Space exploration is a subject of national pride in Russia, rooted in the Cold War “space race” with the United States that saw Soviet cosmonaut Yuri Gagarin become the first man in orbit. The collapse of the Soviet Union starved the program of funds, but President Vladimir Putin has nurtured plans for a revival.