The former FIFA president Sepp Blatter said to the Swiss newspaper group Tamedia that the decision to let Qatar host the World Cup tournament was a “bad choice.” The reason he stated was: “It’s a country that’s too small,” and “Football and the World Cup are too big for that.”
His stance has sparked a lot of controversial debates in the media. However, no one can deny that the Qatar World Cup is the most expensive World Cup tournament ever in history.
The cost of the World Cup was said to be more expensive than all of the previous World Cup tournaments put together. According to Front Office Sports, Qatar has spent $220B to prepare for this year’s World Cup with the majority of that money going toward infrastructure costs including expenses for 7 new and 1 renovated stadiums, 100 hotels and accommodation towers, new roads and upgraded airports. This means that the World Cup in Qatar has cost nearly 19 times more than the most recent World Cup, which took place in Russia four years ago.

Right in 2017, Qatar’s minister of finance claimed the country was spending $500 million each week on infrastructure projects such as roads, hotels, stadiums, airport upgrades, hospitals to get the country ready to host the world’s largest sporting event.
Costs for Qatar’s refurbished and new stadiums alone have been estimated to be between $6.5 billion and $10 billion, a significant increase from the $4 billion initially proposed. Despite the high expenses associated with building and modernizing the eight stadiums, Qatar is the host country with the fewest World Cup venues since Brazil 1970, when there were only 16 countries competing. The country planned to have 12 stadiums used for the tournament but had to cut down to 8 due to financial concerns.
However, much of the infrastructure costs for World Cup is part of the Qatar 2030 Vision which aims to build Qatar into an advanced society capable of sustaining its development and providing a high standard of living for its people. As a result, Qatar’s infrastructure will be upgraded to make the country become an innovation hub with hotels, sophisticated underground transportation, stadiums, and airports. Promoting sports is a component of the country’s social development strategy, which aims to give its people a healthier and better quality of life.
Therefore, getting involved with the World Cup is not only to promote Qatar’s images globally but also in a plan to enable its people to have a higher living standard.
In addition, the World Cup is also expected to pay off some of its expenses. The Qatar World Cup is estimated to bring more than 1 million tourists to the country of which the population is just almost 3 million. The tournament is also expected to bring $17B to the economy.
Subway, the world’s largest sandwich chain, is set to embark on a massive expansion plan in China, opening nearly 4,000 new stores in the country. This move will significantly increase Subway’s footprint in China, expanding it by more than seven times its current size.
The Michelin Guide, which began as a humble travel companion for motorists, has evolved into an iconic gastronomic authority. It continues to provide valuable recommendations and celebrate culinary excellence worldwide. The guide’s rigorous assessment criteria, dedicated inspectors, and unwavering commitment to quality and reliability have solidified its status as an indispensable resource for food enthusiasts and travelers alike. Let’s delve into the fascinating story behind the guide’s inception and explore the meticulous process that determines the coveted Michelin stars.
The culinary scene in Vietnam has reached new heights with the unveiling of the inaugural MICHELIN Guide Hanoi & Ho Chi Minh City. A total of 103 exceptional restaurants have been recognized for their outstanding cuisine, including four coveted MICHELIN Stars.
Microsoft has agreed to pay $20 million to settle charges brought against it by the U.S. Federal Trade Commission (FTC) for violating children’s privacy rights. The FTC accused the tech giant of illegally collecting personal information from children without parental consent through its Xbox gaming system.
Grab, the Singapore-based technology company, has come under scrutiny in Vietnam due to its financial practices. Recent revelations regarding substantial losses, unpaid taxes, and questionable financial transactions have raised concerns about Grab Vietnam’s operations and their impact on the Vietnamese economy.
According to Lonely Planet, Vietnam The Reunification Express is the most spectacular train journey in the world. Check out the link below to discover the whole list of Lonely Planet’s top rail excursions from around the world which gives you a unique perspective on various destinations.
By Rotation, a U.K.-based clothing rental app, is on a mission to combat the harmful effects of fast fashion by promoting peer-to-peer clothing rental as a mainstream practice in the United States. The startup recently expanded its services to the U.S. market and aims to establish a strong presence in New York City before expanding to other major cities next year.
In a turn of events for the crypto market, Bitcoin experienced a decline on Wednesday, marking its first down month of the year. The optimism that had fueled a rally surrounding the debt ceiling began to fizzle, causing the leading cryptocurrency to lose 2.77% and trade at $27,057.81, according to Coin Metrics. Ether, the second-largest cryptocurrency by market capitalization, also slipped 2.2% to $1,865.82.
The renowned chipmaker Nvidia has reached a significant milestone in its history by achieving a market capitalization of $1 trillion. This accomplishment places Nvidia in an elite group of companies on Wall Street, becoming only the ninth globally and the sixth currently holding such a distinction.
Codeword, a leading tech-marketing agency, has made history by hiring the world’s first AI interns. Aiden and Aiko, the AI interns, have been brought on board for a three-month trial internship, where they will work alongside Codeword’s team of 106 people. Aiko will be part of the design team, while Aiden will work with the editorial team.
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Cultural differences between the East and the West
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Vietnam received recognition in the 29th World Travel Awards in numerous categories
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Vietnamese dishes that fascinate foreigners
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First NFT vending machine in the world is now operational in New York
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The LEGO Group today began construction on a new $1 billion factory in Binh Duong, Vietnam
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