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Why the fall-out from postponing the Olympics may not be as bad as we think

imageARIS MESSINIS / POOL / EPA

At the 125th IOC Session in Buenos Aires in 2013, Tokyo won the right to host the Summer Olympics in 2020. The city was to join Athens, London, Paris and Los Angeles in the small group that have hosted a summer Olympics more than once.

Tokyo will now have to wait for most likely a year to join this exclusive club, however,...

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