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In some international locations, corresponding to Germany or Russia, it was also claimed that the federal government would postpone unpopular reforms or tax increases till the weeks of the World Cup, anticipating much less attention to be paid to them at the moment. For instance, below-average returns were noticed on U.S. inventory markets in the course of the weeks of the World Cup, and these returns remained statistically significant even after controlling for all other elements. Host countries sometimes expertise a multimillion-dollar income enhance from the month-long event.
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