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Economics
Europe
Will Sochi Winter Games thaw Russia’s rigid economy?
A mega event, such as the Olympics, does not necessarily bring short-term economic gains to the host country. But hosting may lead to a freer market economy down the line.
Asia Pacific
Economics
South Korea is set to perform well in 2014
Despite a looming threat from the north, South Korea is set to perform well in 2014. The government focuses on broadening away from exports and reducing dependency on the yen.