NEWSWATCH: “U.S. Soccer Defeat Is a Loss for Russia. In place of a flood of U.S. travelers for next year’s World Cup, a trickle of Panamanians.” – Wall Street Journal

“… a fresh setback for U.S.-Russia relations: The U.S. men’s soccer team fell to Trinidad and Tobago … and … failed to qualify for the World Cup for the first time in three decades. For Russia, hosting the quadrennial event in 2018 … missing out on an influx of rich American tourists …. [A past study by two economists suggests] the tourism boost from hosting the World Cup persists even after the tournament is over. Only 239,000 Americans traveled to Russia last year …. their men’s soccer team won’t be leading the way.”

Click here for “U.S. Soccer Defeat Is a Loss for Russia. In place of a flood of U.S. travelers for next year’s World Cup, a trickle of Panamanians.” – Wall Street Journal

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