torsdag 5. mars 2020

What Would It Cost to Cancel the Tokyo Olympics?

Japanese and international sporting officials are adamant this year’s Summer Olympic Games will not fall victim to COVID-19. But with the toll from the coronavirus crisis continuing to rise, speculation is increasing that Tokyo may be forced to act, potentially risking multi-billion dollar investments amid flagging economic growth.

On Friday, Japan’s top government spokesman said the Tokyo Olympics and Paralympics would proceed as planned, saying the International Olympic Committee (IOC) had expressed “confidence” in Japan’s response to the virus. “We will coordinate closely with the IOC, the organizing committee and the Tokyo metropolitan government, and move ahead with preparations to make sure athletes and spectators can feel safe and secure throughout the games,” Chief Cabinet Secretary Yoshihide Suga told reporters.