The 2020 Summer season Olympic Video games, scheduled to open in Tokyo on July 24th, have been postponed because of the COVID-19 pandemic. The video games shall be rescheduled, in line with Japanese Prime Minister Shinzo Abe. It’s the primary time of their 124-year fashionable historical past that the Olympics have been moved or delayed throughout peacetime.
“We’ve got agreed that the Tokyo Olympics and Paralympics shall be held by the summer time of 2021 on the newest,” Abe stated, according to The Wall Street Journal.
The Worldwide Olympic Committee (IOC) and Tokyo Video games organizers had been underneath mounting strain to cancel the video games this yr. The IOC and organizers had lengthy insisted that the video games would go forward as deliberate. However Canada and Australia stated they might not attend the Tokyo Video games in the event that they went forward as scheduled this yr, whereas the UK and US have signaled a need for a delay.
The Summer season Olympics have been canceled thrice earlier than — in 1916, 1940, and 1944 — and the Winter Video games have been canceled twice, in 1940 and 1944, throughout the world wars. The 1920 Summer season Olympics had been held in Antwerp, Belgium, from April to September on the tail finish of the 1918 influenza pandemic. The 2016 Summer season Olympics had been held in Rio de Janeiro, Brazil, regardless of the outbreak of the mosquito-borne Zika virus. In contrast to the Zika virus, nevertheless, the novel coronavirus might be simply transmitted between people.
The monetary impression of immediately’s resolution is unknown. By some estimates, Japan had invested between $32 billion and $41 billion to construct competitors venues and expanded lodge capability. The Tokyo Video games had been anticipated to draw round 10,000 athletes and 500,000 worldwide guests. Native companies, each huge and small, had been anticipating file income this yr. Now, they face the prospect of monetary smash after lengthy struggling underneath a pandemic that has stored international vacationers and locals at residence.
Previous to the Olympics, concern over the unfold of the novel coronavirus prompted the cancellation or postponement of the NBA, NHL, English Premier League, and the Euro 2020 event, along with occasions like Coachella, SXSW, Cell World Congress, and the Geneva Auto Present.