Breaking News! Olympics 2020 to be Postponed by 1 Year due to Safety Concern
Olympics 2020 to be Postponed by 1 Year due to Safety Concern over the Spreading of Coronavirus.
Japanese Prime Minister Shinzo Abe has announced on late Tuesday, March 24, 2020, that the Tokyo Olympics which is expected to be held this July will not be cancelled, but to be postponed to summer next year due to safety concerns over the spreading of coronavirus.
According to the estimation, Japan will face an economic loss around 5.8 billion dollars from the one-year delay after spending 26 billion dollars to ready the event.
