Takahide Kiuchi, senior economist with Nomura Securities does not expect the Bank of Japan, BoJ to raise rates. As per Kiuchi, the BOJ is likely to adopt the 'wait and watch' policy.
Takahide Kiuchi, Senior Economist, Nomura Securities believes that Bank of Japan is likely to take a 'wait and watch' stance on rates.
Organisers said last December that the entire cost of holding the Games would come to about $15.4 billion, including $2.8 billion in costs for the unprecedented postponement from 2020. Since then, the projected bill for postponement has risen to $3 billion.
Here are some areas where costs have grown, and where income that had been expected will not materialise.
As an admirer of Japan for close to half a century, I care for Japan and expect Suga to respect the sentiment of his people and cancel the Olympics without further delay, says Rajaram Panda.
Japan on Friday extended a state of emergency in Tokyo and other areas by about three weeks to June 20 as the COVID-19 pandemic shows no signs of easing less than two months before the Summer Olympics open.
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