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Coronavirus Outbreak Casts Doubts Over Tokyo Olympics
Posted
February 26, 2020
Views
50,640
Likes
164
Comments
190
Engagement
0.70%
February 26, 2020
50,640
164
190
0.70%
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1:22Now PlayingThe Tokyo 2020 Olympics are less than five months away -- or, in coronavirus time, somewhere between six and 10 incubation periods. Even as organizers at every level insist the games aren’t at risk, the rapid spread of covid-19 cases in Japan is already casting a chill over the event. #Coronavirus #CoronavirusOutbreak #Tokyo2020
Critics of the government’s response to the outbreak question whether Japan is ready to handle an influx of spectators, athletes and coaches from around the world. While the International Olympic Committee and Prime Minister Shinzo Abe have said the games, scheduled to start July 24, will take place as planned, analysts are starting to map out the economic and political repercussions of a cancellation or delay.
Scrapping the games could shave about 0.2 percentage points off Japan’s third-quarter growth and leave a lasting imprint on its political landscape if voters blame the Abe administration’s handling of the outbreak, Citigroup Inc. strategists Kiichi Murashima and Katsuhiko Aiba wrote in research published in response to what they said were “more and more” client inquiries regarding the possibility of cancellation.
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