Tokyo Olympics Postponed <br />to 2021 Due to Coronavirus Pandemic Japan’s prime minister, Shinzo Abe, and the International Olympic Committee president, <br />Thomas Bach, met to discuss how to handle the uncertainty surrounding the games. Both officials reportedly agreed that canceling <br />the games was not an option, but that the <br />event must be postponed. Both the Olympics and Paralympic Games will be held in the summer of 2021, but will retain the <br />2020 branding. The IOC, along with the Tokyo organizing committee and the Japanese government, had initially resisted postponing the games. Calls from athletes, nations and olympic <br />committees around the world grew to a roar, <br />leading to the ultimate decision. The postponement will prove a financial blow to Japan, who are estimated to lose out on billions in domestic and inbound consumption. Despite the postponement, the leaders said the games could still stand “as a beacon of hope to the world during these troubled times.”