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Tokyo Olympics may be cancelled.

Costing Japan at least $26 billion in total.
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There is a possibility the 2020 Tokyo Olympics could be cancelled as fears of the coronavirus continues to grow in Japan.

A senior member of the International Olympic Committee (IOC) said that cancellation of the event may be inevitable if the disease is proved to be too dangerous for the event.

He also mentioned that postponement or relocation would be very unlikely as there are too many moving parts for an event of this scale.

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Although nothing has been decided as of yet, the final decision could come as late as the end of May.

Cancellation of the event could cost Japan over $26 billion in total.

Alfred Lee
Journalist at News Asia Today. I write about topics related to lifestyle and entrepreneurship in Asia. Feel free to reach out to me at alfred [at] newsasiatoday.com. Also a big time foodie.