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Bravado–Qatar hands out $8B, pivotal in the global private sector. ‘Cause it can.
Qatar is rich enough to maintain its domestic "social contracts" while having a strong view on building sports economy and acquiring huge stakes around the world.
September 11, 2011 1:26 by Reuters
…spend lavishly on bids for sporting events.
Qatar is likely to spend an estimated $100 billion to host the 2022 tournament. It spent $2.8 billion on the Asian Games, which it hosted in 2006. (By Una Galani and Regan Doherty)
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