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Putin angry over Sochi Olympics cost overruns

Updated: February 7, 2013, 3:25 PM ET
Associated Press

SOCHI, Russia -- A year before the 2014 Winter Olympics are to begin, President Vladimir Putin has demanded that a senior member of the Russian Olympic Committee be fired, apparently due to cost overruns in host city Sochi -- a demand certain to be fulfilled.

The current price tag for the Sochi Games is 1.5 trillion rubles ($51 billion), which would make them the most expensive games in the history of the Olympics -- more costly even than the much-larger Summer Olympics held in London and ...

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