Tokyo Olympics price tag skyrockets by $3bn

IOC President is “in 100-percent agreement” with Japan’s proposal to postpone Tokyo Olympics

The evening call between Abe and Bach concluded days and weeks of negotiations between Tokyo and Lausanne, where the International Olympic Committee is based, and came after repeated public denials by Japanese officials that a pandemic might derail the Games.

Tuesday's decision came 122 days before the planned opening ceremony at Japan's newly built National Stadium, which was to usher in the 16-day event featuring 11,000 athletes from 206 nations and territories. He said: "We have to see with them what the options are".

President Thomas Bach yesterday opened the door for the Games to be held in the spring of 2021 after claiming the event was "not restricted to the summer months".

The participants agreed that drawing up a new schedule and securing venues for the games are top priorities. The official website of the Tokyo Games, as well as Japanese national broadcaster NHK, have since confirmed that Bach expressed his agreement to the proposal during the phone conference.

"These show that even in a reasonably probable worst case scenario, with appropriate mitigating actions, we expect to remain within the Group's financial covenants, while maintaining headroom under our existing committed facilities".

"We need to assess whether they will be available when we need them next year".

Bach acknowledged the additional costs and compromise "for everybody" and also the possibility of a further delay if the coronavirus pandemic was not under control by next year.

"We are dealing with the postponement of the Games, which has never happened in history". He admitted, however, that finding the right point in the calendar was "a challenging question".

Royole’s Next Foldable Phone Comes With a Waterproof Hinge
Lost among the mainstream brands, Royole wants to remind himself of FlexPai 2 , which promises superior performance and design. According to Royole, the new Cicada Wing will have 1.3x better color gamut and 500x better contrast than a high-end LCD.

But he also predicted that he and the IOC, together with their stakeholders, will complete, "a lovely jigsaw puzzle and wonderful Olympic Games".

Olympic organizers launched the Tokyo 2020 New Launch Task Force this week with a meeting about the unprecedented possibility of pushing the Olympic Games one year down the road.

"It's like taking seven years to build the world's biggest jigsaw puzzle and, with just one piece to go, having to start again but now with less time to finish", tweeted Craig Spence, spokesman for the International Paralympic Committee.

"We are going to have to cram into about six months, what we achieved in seven years so it will be hard".

The IOC and 32 global sports federations held a teleconference on Thursday where it was made a decision to respect the qualification process.

The World Health Organization (WHO) fully supported the decision to postpone the Tokyo 2020 Olympics in Japan due to concerns about the spread of the coronavirus, it said on Wednesday.

If the Olympics are moved into spring, when it's cooler in Tokyo, they clash with the end of the European soccer season.

Related News:

  • Crocs giving free shoes to healthcare workers during COVID-19 outbreak

    Crocs giving free shoes to healthcare workers during COVID-19 outbreak

    Last week, Allbirds announced on Instagram that it would be donating free Wool Runners-its best known style-to healthcare workers. If you're a healthcare professional and you'd like to request a free pair of Crocs shoes , head to their website at 12 p.m.
    Britney Spears Calls For Wealth Distribution In The Midst Of Coronavirus Pandemic

    Britney Spears Calls For Wealth Distribution In The Midst Of Coronavirus Pandemic

    If her latest Instagram is anything to go by, Spears has been using this downtime to do some athletics training in the backyard. Legal commentators have said it is unusual for an apparently high-functioning adult to remain under such an arrangement .
    Harlem Globetrotters Great Fred 'Curly' Neal Has Died At 77

    Harlem Globetrotters Great Fred 'Curly' Neal Has Died At 77

    The exhibition team introduced the sport of basketball to millions of people around the world for the first time. He's right up there with Meadowlark Lemon as one of the most popular all-time members of the Globetrotters.
  • Katrina Kaif Stole My Idea

    Katrina Kaif Stole My Idea

    Deepika recently signed the Hindi remake of the 2015 film The Intern , co-starring Rishi Kapoor. During isolation, Deepika Padukone has been sharing a lot of glimpses of her daily activity.

    Valve to reveal details on the new Half-Life: Alyx VR game

    Alyx was very well received at the time, and is still held up as an exemplar of non-playable companions in video games . According to the leak, Valve could be making Half-Life: Alyx , a VR game, and it could be revealed at The Game Awards.
    'Bob The Builder' Voice Actor William Dufris Dead At Age 62

    'Bob The Builder' Voice Actor William Dufris Dead At Age 62

    William Dufris , who voiced the main character in the American and Canadian version of the children's series. Dufris' biggest role came in the North American version of the United Kingdom children's animated series.
  • LeBron James missing scheduled chance to visit Ohio, Cavaliers

    LeBron James missing scheduled chance to visit Ohio, Cavaliers

    But play is still suspended in the National Basketball Association because of the coronavirus pandemic. "No more high-fiving. I just don't know how we can imagine a sporting event without fans.
    Dyson to develop 15,000 ventilators for COVID-19 patients

    Dyson to develop 15,000 ventilators for COVID-19 patients

    Britain now has about 8,000 ventilators with another 8,000 on order to come into the health system in a week or so. The CoVent ventilators will be ready by early April, a spokesperson for the company told the news outlet.
    Aussie cruise ship passenger dies from COVID-19 in Western Australian hospital

    Aussie cruise ship passenger dies from COVID-19 in Western Australian hospital

    The Magnifica and Artania ships, both of which have no Australian passengers or crew, are now anchored away from Fremantle port. McGowan said the Vasco da Gama would be required to sit offshore at anchor until transport for passengers could be arranged.
  • Student at New West school tests positive for COVID-19

    Student at New West school tests positive for COVID-19

    This directive includes those students who are living in on-campus residence halls, apartments, or townhouses. For commencement and the days prior, Byerly added the college would expect to house seniors on campus.

    Amazon ‘surprised’ about Pentagon contract snub

    Work will occur at the contractor's place of performance and is expected to be completed on October 24, 2029. There was a competitive bidding process, and no company had secured the contract .
    Clap for our Carers appeal

    Clap for our Carers appeal

    The UK - and the rest of the world - are going through something, the like of which has never been seen ever before. People around the United Kingdom are being encouraged to take part in a huge round of applause on Thursday night.

Most liked

Great Barrier Reef 'suffers third mass bleaching in five years'
Australia's Great Barrier Reef has suffered another mass bleaching event - the third in just five years. Warmer sea levels, especially in February, are thought are thought to have caused huge coral loss.

Pandemic COVID-19: Total 694 cases in India, 633 active
Scientists identified almost 70 drugs that may be effective against COVID-19, as India remained under lockdown for the second day. As the virus kept extending its footprint, the Central and state governments unleashed measures on a war-footing.

Idris Elba Slams Rumours Celebs Are Paid To Fake Having Coronavirus
The actor, who tested positive for COVID-19 last week, took to Instagram Live to debunk the rumor that recently surfaced. Cardi B went on Instagram Live to share a conspiracy theory that celebrities are being paid to say they have the virus.

Benefit to COVID-19 impacted workers may be model for future: Qualtrough
Over that same period, there were only 3,000 apprehensions along the Canada-U.S. border - just one per cent of the total. Trudeau earlier said Ottawa was in touch with USA authorities and would adjust border security measures if needed.

Federal Bureau of Investigation chief pledges to find answers on ex-agent Levinson
Iranian authorities have repeatedly denied having detained Levinson and maintain no knowledge of his whereabouts. Wray's message did not elaborate on the "credible evidence" he said the family had received.

China sees no new local coronavirus transmissions; imported cases rise
Also on Tuesday, four deaths and 33 new suspected cases were reported on the mainland with three of the deaths reported in Hubei. Meanwhile, over 800 people stuck in Hubei province since January 23 lockdown have arrived in Beijing , official media reported.

Oil Falls as Sinking Demand Outweighs Stimulus Hopes
Vitol said refineries have so far cut about 7 million bpd, a figure the company expects to rise further as storage fills up. Since then, oil storage levels across the world's storage facilities have climbed to about three-quarters full on average.

President Trump, Coronavirus task force hold briefing
John Bel Edwards (D) warned that New Orleans is scheduled to run out of hospital beds by early April. Suderman reported from Richmond, Va.

Prince Harry, Meghan Markle planning to build new home in England
After Meghan and Harry Wednesday , they started renovating Frogmore Cottage, a massive home on the grounds of Windsor Castle. The Duke and Duchess of Sussex have taken the decision to leave Canada for good according to a royal insider.

US Passes China in the number of Coronavirus Cases
About 200 people across the country died of the disease on Wednesday - including a stunning 88 people in New York City alone. Italy has 80,589 confirmed cases and more deaths than any other country with 8,215 total deaths so far.

Coronavirus Sparks Hiring Spree for almost 500,000 Jobs at Big Retailers
CVS says it plans to use virtual job fairs , virtual interviews and virtual job tryouts during its hiring process. Local Harris Teeter stores just posted a slew of new jobs online for all levels of employment.

S.Korea to tighten border checks for USA entries
As per reports, March 24 marked the 13th day in a row that South Korea reported 100 or less new infections. For most people, the new coronavirus causes only mild or moderate symptoms, such as fever and cough.

How will the $2 trillion stimulus rescue package impact you?
That's expected to be a relatively small share of people, and the money would not have to be paid back until April 15, 2021. The checks taper off up to $99,000 in income per individual and $198,000 for joint filers with no children.

IPL Cancellation on Cards After Lockdown and Olympic Postponement
However, there is still hope that BCCI will go ahead with the tournament if it is given the green light in the coming weeks. Public and player safety is the priority as the BCCI President has time and again said", the official explained.

Google redesigns Podcasts app, brings it to iPhones and iPads
The new malware, called Tekya, tries to commit mobile ad fraud by imitating user actions to click on malicious advertisements. The apps have since been removed from Google's app marketplace after Check Point disclosed its findings to the company.