Posts Tagged ‘ Tokyo2020 ’

Tokyo Olympics win could boost economy by $1 TRILLION

Congratulation’s to Tokyo on wining the Bid .

As I type this I am looking at the Japanese futures seeing them up over 2.6% .And the yen weakens.

The main thing this will do is to boost confidence , after 2011 earthquake & tsunami Japan needs the boost .

Also a report from Daiwa stating that the Olympics could have a $1 trillion dollar boost the economy .

Bloomberg – Tokyo Olympics Win Seen Boosting Infrastructure, Abe’s Recovery

According to Robert Feldman head of Japan economic research at Morgan Stanley MUFG Securities Co

“Our rough view is that the impact could be at least similar to the U.K., at around 0.7-0.8 percent of GDP (JGDPAGDP) over 7 years, or about 3-4 trillion yen on a value added basis, or about 6-8 trillion yen on a gross output basis,” he wrote in a Sept. 4 report.

Looking at the situation Tokyo / Japan has it all coming up , Abenomics , Rugby World Cup , Olympics .

The only place to be is Japan it seams .

Tony Evans

Tokyo wins Olympics 2020

Congratulations to Tokyo for winning the Olympics , so 2019 Rugby World Cup & then Olympics ! It’s going to a wild one .

Tokyo wins race to host 2020 Olympics

Tokyo has been chosen to host the 2020 Olympic and Paralympic Games ahead of Istanbul and Madrid.
The Japanese capital won a majority of second-round votes from International Olympic Committee (IOC) members in Buenos Aires to beat Istanbul.
Madrid had earlier been eliminated in a first round of voting.
The announcement was met with jubilant scenes in Japan, as Tokyo prepares to host the event for the first time since 1964.
When IOC president Jacques Rogge – who will retire after 12 years in the role on Tuesday – announced the winning city, members of the Tokyo delegation jumped to their feet in celebration waving the Japanese flag.
The decision means Tokyo will become the first Asian city to host the Games twice.


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