Japan Olympic chief calls for urgent change for games to save event

Published

5 years ago

June 29, 2021

The Tokyo Olympics should become an opportunity to rethink the enormous scale and expense of the world’s largest sporting events, the president of the Japanese Olympic Committee says.

The gold medalist spoke just three and a half weeks ahead of the opening ceremony for Tokyo 2020.

The decision in March last year to delay the games by a year due to the pandemic added billions of dollars to the cost of staging the event.

“This could be a chance to rethink how huge the Olympics have become,”
Yamashita told reporters in Tokyo

Audits by the Japanese government over the past few years have shown the costs will come to at least $25 billion.

“Rather than being extravagant and costly, the Olympics will need to change to survive. I hope this will be a turning point.”

Japan though claims they have been cuts to spending including by abandoning a futuristic design for the main stadium that was alone expected to cost $2 billion.

LIVE: U.S. and Israel launch war on Iran

U.S. and Israel escalate conflict with Iran, heightening regional war fears for the second time in eight months.

Published

17 hours ago

March 4, 2026

ticker NEWS

U.S. and Israel escalate conflict with Iran, heightening regional war fears for the second time in eight months.

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U.S. and Israel strike Iran, escalating war fears and risking wider regional conflict for the second time in eight months

Trump claims Iran military neutralised as Strait Of Hormuz tensions surge

Trump claims Iran’s military largely neutralized; tensions rise with attacks threatening air travel and oil shipping.

Published

18 hours ago

March 4, 2026

Harvey Vargas

Trump claims Iran’s military largely neutralized; tensions rise with attacks threatening air travel and oil shipping.

President Trump says Iran’s military capability has been largely neutralised, including its navy and air force, as the conflict in the Middle East intensifies. Iranian attacks have threatened commercial air travel and oil shipping through the Strait of Hormuz, raising fears of wider economic fallout.

The U.S. Embassy in Riyadh has faced two attacks, while Gulf states worked to intercept further Iranian strikes. Officials report six U.S. troops killed and more than 700 deaths inside Iran as the exchange of fire escalates.

With global markets watching closely, the region remains on edge as military and diplomatic tensions show no signs of easing.

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News

Airlines face disruptions that surpass previous Middle East conflicts

Published

2 days ago

March 3, 2026

Ahron Young

What’s happening in the Middle East?

Trump says U.S. strikes could last four to five weeks and described the operation as the last best chance to act, while Secretary of State Marco Rubio warns the hardest hits are yet to come
Six U.S. service members have been killed, additional American forces are being deployed to the region, and the White House says nine Iranian naval ships have been destroyed
Iran says it sees no limit to its right to self defence and will not negotiate, as missile and drone attacks continue across Israel, Lebanon and Gulf states
More than 500 Iranians have been killed in U.S. and Israeli strikes, with further deaths reported in Lebanon, Israel and the UAE
Shipping, aviation and energy markets have been severely disrupted, more than 11,000 flights have been cancelled, Gulf stock markets have closed temporarily, and oil and gas prices have surged amid Strait of Hormuz fears