Tokyo 2020 Olympics Are Officially Postponed
The first modern Olympics were held in Athens, Greece, in 1896. And since then, the Olympics Games have never been cancelled or postponed. That is about to change this year. Japan’s Prime Minister Shinzo Abe and International Olympic Committee president Thomas Bach have come to an agreement to postpone the Tokyo 2020 Olympics to 2021. The opening ceremony was planned for July 24.
Many countries have been affected by the coronavirus pandemic, although Japan itself has not been impacted as much. They still have 1,140 confirmed case and 42 deaths. But considering the proximity to China and the way the virus has spread around the world, Japan’s number seem like a success story.
Japan had resisted the cancellation of the Olympic Games but calls for it were growing louder. Restricted travel and social distancing made it difficult even to prepare for the Olympics. Canada and Australia had already said that they would not send athletes to the Tokyo Olympics this summer.
ESPN reports that the events will still be called the Olympic and Paralympic Games Tokyo 2020. The Olympic flame will be stored and displayed in Fukushima.
The postponement is a big economical blow for Japan, which has spent more than $12 billion on the event so far as per The Guardian. japan will also miss out on $4.5 billion in inbound and domestic consumption due to the posptonment.