FSB agents have foiled a terrorist plot on Sochi, host of the 2014 Winter Olympics, authorities said Thursday, accusing Chechen separatists and Georgia of jointly masterminding the plans. FSB agents have foiled a terrorist plot on Sochi, host of the 2014 Winter Olympics, authorities said Thursday...

... meeting on the day he was sworn in as president. Less than an hour after Monday's ceremony, he went to his Kremlin office to meet with Jacques Rogge, an indication of the importance Putin places on Russia's preparations to host the Winter Olympics in Sochi in 2014. Putin's office said he assured Rogge that Sochi remained among his top priorities. (AP)

President Vladimir Putin warned construction companies in the 2014 Olympic city of Sochi against inflating prices and lagging behind schedule. Less than a week after he was sworn in as president, Putin on Friday went to the Black Sea resort to inspect sites for the Winter Games and chide construction companies. The firms are responsible...

... a huge arms cache in the breakaway territory of Abkhazia. It said Chechen warlord Doku Umarov brought the weapons to Abkhazia with the help of Georgian special services to attack Winter Olympic Games facilities in Sochi. There are a few problems with this allegation. On Thursday, the Federal Security Service claimed that it had found a huge arms cache in the breakaway territory of Abkhazia. It said Chechen warlord Doku Umarov brought the weapons to Abkhazia...

... official in charge of the team's trip to London. Kozak representative Ilya Dzhus confirmed the information to Kommersant. "Olympic values are not commensurate with using alcohol," he said. The ban applies to the Russian Olympic Committee, the Sochi 2014 organizing committee, the All-Russian Association of Summer Olympic Sports and the company Bosco di Ciliegi, the official outfitter of the Olympic team. But a federal official in the meeting with Kozak suggested that organizers can make alcoholic...

... an increase in finance expenses. (Reuters) Standard & Poor's Ratings Services on Tuesday affirmed its long-term issuer credit rating on the City of Ufa at BB- and its Russia national scale rating on the city at ruAA- with a positive outlook. (MT) A Sochi court has decided not to fine the Basic Element investment group, responsible for the renovation of Sochi International Airport before the 2014 Winter Olympic Games, 14.7 million rubles ($471,500) for "failing to meet conditions of the renovation...

... became the first senior Western official to hold talks with the new Russian government, in what analysts labeled an initiative to prevent further deterioration of relations. Hague discussed the Syria crisis and the upcoming Olympic Games in London and Sochi with Foreign Minister Sergei Lavrov before holding more Olympic-related talks in the White House, the British Embassy said. London has sought to improve ties with Moscow, long frayed by the poisoning death of former Federal Security Service officer...

... commission's permission to raise its stake. Telenor says it bought the shares to return its ownership to the level it had been before VimpelCom merged with Wind Telecom. The commission also cleared Singapore firm Changi to buy blocking stakes in the Sochi, Anapa and Krasnodar airports from firms controlled by Oleg Deripaska. (MT)

... extortion scheme. Aeroexpress has a monopoly on train service to Moscow’s three airports and owns a building with retail space adjacent to Sheremetyevo Airport. In February, the company also started running trains from the Adler airport to downtown Sochi. 179742

... District September 2007-October 2008: Appointed regional development minister October 2008-present: Deputy prime minister; reappointed to serve in Prime Minister Dmitry Medvedev's Cabinet in May 2012. In charge of sports and the 2014 Winter Olympics in Sochi, construction and utilities, and regional policy. Kozak is married and has two sons.

... the menu had yet to be approved. Drinks for the reception will include 5,000 bottles of a collector’s edition 2008 vintage sparkling wine by Krasnodar-based Abrau-Dyurso that was originally meant to be aged until the 2014 Winter Olympics in Sochi. “It is truly the best that has been made at the winery in all the years of history of the new Russia.” Abrau-Dyurso head Boris Titov told Interfax. 179742

... current records in ADR and RevPAR indexes, is heavily influenced by oil and gas prices and will need to look deeply into domestic market travelers and special/sports events opportunities. The new hotel construction boom is also anticipated in light of the Sochi Olympics in 2014 and the World Cup in 2018. 438724 438725

... said. “But as far as ministerial attendance is concerned, that will be kept under review.” Critics say shunning the matches could lead to boycotts of other nations with questionable democratic credentials, including Russia when it hosts the Sochi Winter Olympics in 2014 and the World Cup in 2018. Some ministers also played down the political significance of a possible boycott of the tournament. “I fail to see attendance or nonattendance of football games as an instrument of European...

... — excluding defense, which will remain the area of Dmitry Rogozin’s expertise. Dmitry Kozak and Alexander Khloponin will also keep their previous responsibilities: the former will remain in charge of sports and the 2014 Winter Olympics in Sochi, construction and utilities, as well as regional policy, while the latter will continue to oversee the development of the North Caucasus. First Deputy Prime Minister Igor Shuvalov will continue to oversee financial and economic issues, which include...

... its portfolio amounted to 319.8 billion rubles at the end of 2011. In 2010 Mostotrest accounted for 8.4 percent of Russia's infrastructure construction, according to the PMR consulting company. The company is building transportation facilities for the Sochi Olympics, the M4 Don and M7 Volga federal highways, and other sites. "The fact that Mostotrest will deal with all the road projects in the Skolkovo area is justified," Rozhkov said. "The closer the projects are, the higher operating...