How much is Japan set to lose due to the Olympic postponement?
The Olympic games, the quadrennial international multi-sport event celebrated as a global sports festival by people all over the world, the greatest sporting event(Excitement) in the entire world has been rescheduled for the first time ever in a history spanning over a century!
Billions have been invested in the games, infrastructure, sponsorships, and much more. And with the Corona Virus Pandemic already pushing Japan towards a recession, that could have a devastating effect on the Japanese economy.
But how much is Japan set to lose due to the Olympic Postponement???