“This is a social health movement that promotes healthy lifestyles,” said Ana Treasure, a representative of the Pan American Health Organization (PAHO), which is a proponent of Honduras Actívate. “We hope other nations follow this pioneer approach that Honduras has taken. We would like a Guatemala Actívate, a Costa Rica Actívate, a Panamá Actívate. We want all Central America active.” Besides the government’s support, business sponsors donate t-shirts, beverages and some of the awards for the winners, who receive medals but also mountain bikes, sports equipment, free hotel stays and gym memberships. Honduras Actívate, a new program spearheaded by the country’s government and Armed Forces to improve the civilian population’s health, “began as a small initiative to promote tourism and healthy entertainment opportunities to the residents of focused areas,” according to Artillery Colonel Jorge Fuentes, the effort’s National Coordinator. The program’s success has led Military officials to evaluate its scope and frequency. Col. Fuentes is considering launching a Honduras Actívate Extreme event in the northern Department of Atlántida, after the rainy season, when the Cangrejal River is optimal for rafting. Latin music with upbeat rhythms grows louder as thousands of adults, teenagers and children wearing brightly colored t-shirts and caps fill Honduras’ streets during the early hours. In addition to bringing business to host cities, the initiative has also helped Military and law enforcement authorities improve public safety in local neighborhoods where criminals had been operating. “Through this program we have recovered spaces, some of which had been damaged by drug traffickers and other delinquents,” Col. Fuentes said. Still, promoting fitness and tourism are its primary aims. “The goals of Honduras Actívate are geared towards the prevention of nontransmissible diseases, like hypertension and obesity, which lead to other illnesses; but we also want to stimulate tourism and we want to create the conditions that result in economic growth for the communities where the events take place. If people have a positive experience, they will return on their own.” Col. Fuentes and his team, which is supported by members from each branch of the Armed Forces, are responsible for scouting areas where exercise programs are held. Military officials register participants, provide security the day of the event and even run, walk or bicycle with some of the participants to build enthusiasm. The Armed Forces officials also transport some participants to events and administer emergency medical care, if needed. “We want 20 points activated to begin with, but we hope to have these mini exercise sessions in all the 298 municipalities of Honduras eventually,” Col. Fuentes said. “We are establishing new platforms because we want this to be a system, rather than a sporadic occurrence.” By Dialogo July 20, 2015 I would like to find the link about the boat that sunk with the oxen in ParÃ¡. “We want everyone to find an activity that suits them,” Col. Fuentes said. “We have high-intensity options for professional athletes, but we want to encourage everyone to engage someway, whether it’s 18 kilometers on a bike, a 30-minute walk or something lighter.” The next event, in May, was a success, with about 3,500 people showing up to Gracias, Lempira to trek through its cloud-forest mountains and for the bike and distance-running competitions. Armed Forces officials held it at Celaque National Park, a main source of water for the western part of the country and home to its highest peak, Las Minas – 2,870 meters above sea level. They chose the area, known for its colonial architecture and history, because Honduras Actívate “wanted to highlight the zone as a premium destination for ecological and adventure tourism as well.” Some families and groups of friends made it a weekend affair, filling the town’s hotels and restaurants, providing a significant boost to local businesses. In July, Armed Forces officials are planning to host at least an hour of Zumba on Fridays, Saturdays and Sundays at different points in the nation’s two largest cities, Tegucigalpa and San Pedro Sula. A wide array of activities “I like the initiative. I like that it’s a family environment. I am happy sports are promoted because a person with these habits is healthier and keeps stress at bay.” The program is also expanding into the workplace, where government employees will use part of their day to exercise, developing routines that address occupational health problems. The program has expanded to include other sports, with community members leading activities like Zumba, karate and boxing lessons; organizers are also offering table tennis and chess to those seeking less strenuous activities, while young children play in inflated bounce houses at Honduras Actívate events. But since then, the initiative has grown, hosting an event every two weeks, including activities in Lake Yojoa, in La Tigra (close to Tegucigalpa); in Tela; in San Pedro Sula; and most recently, in July in La Ceiba in the Honduran Caribbean. It’s also gaining popularity, as the number of attendees rose from 7,000 for the fourth event to a record 20,000 for the sixth event, in San Pedro Sula. Its first event occurred in April, when the Navy organized a series of athletic competitions, such as bike races and distance running, on the island of Amapala in the Pacific Ocean. Attendance was modest, but Military officials saw the program’s potential. Sabrina Estrada, a two-time participant of the intermediate cycling competition, told Honduras National Television she is very pleased with the program. Plans to expand the program Because the program focuses on improving the civil population’s health, it’s popular with various government agencies and private businesses. “Different sectors have seen the value of what is being done and have decided to partner,” Col. Fuentes explained.
Much decision making is predicated on using results from the analysis of discounted cashflows, and these results are highly dependent on the discount rate used. How does one assess a roll of the dice when one of the outcomes is the end of civilisation as we know it?This issue was raised in the 2006 Stern Review on climate change, and it is also true when assessing how to value the effects of losing species and environmental degradation that can lead to the loss of complete ecosystems. Economics does not appear to have a robust framework for assessing multi-generational issues.In these cases, individuals are foregoing consumption not for their own future benefit but for the benefit of their grandchildren and future generations – for posterity – for which the rejoinder has sometimes been ‘what has posterity ever done for me?’The Stern Review estimated that a 1% per annum cost would be needed to protect the world economy from a loss of up to 20% of global consumption. In the case of biodiversity and ecosystem losses, the size of such premiums depends on a number of factors that include the current state of the ecosystem in question; the threshold state at which it fails to deliver ecosystem services; its targeted conservation state; and our best estimate of uncertainties.But there are no market values for any of these measures. Moreover, whilst ethics do not usually play a part in economic theory, a fundamental question arises in any discussion of valuations: what should be an appropriate discount rate to use in the valuation of future benefits?The choice is between giving up current income for the benefit of future generations, or the opposite – gaining benefits now at the expense of future generations. One of the two reasons economists would justify the use of discounting is the inclination of individuals to prefer 100 units of purchasing power today to 101, or 105, or even 110 next year, not because of price inflation (which is excluded from the reasoning) but because of the risk of becoming ill or dying and not being able to enjoy next year’s income.But this should not apply to a nation or human society with a time horizon in the thousands or hundreds of thousands of years. Indeed, as the report argues: “Modern economists favour discounting not because of ‘pure time preference’ but the decreasing marginal utility of consumption as growth takes place. The assumption of growth, measured by GDP, justifies our using more resources and polluting more now than we would otherwise do. Therefore, our descendants, who, by assumption, are supposed to be better off than ourselves, perhaps will be paradoxically worse off from the environmental point of view than we are.”Most of the valuation studies examined in the report used discount rates in the 3-5% range or higher. As it highlights, a 4% discount rate means we value a natural service to our own grandchildren (50 years hence) at one-seventh the utility we derive from it, a difficult ethical standpoint to defend.Clearly, economic growth and the conversion of natural ecosystems to agricultural production will continue. However, it is essential to ensure such development take proper account of the real value of natural ecosystems, which is central to economic and environmental management.The problem is, man-made goods and services are growing in quantity while the services of nature are not. This argues for a discount rate that is negative, on the basis that future generations will be poorer in environmental terms than those living today. Moreover, the real costs of the loss of biodiversity and ecosystems should also include the value of the options inherent in the existence of ecosystems.Whilst this may be difficult to measure, the value placed on conserving resources for possible uses in the future is significant. This is not only because our knowledge of the importance of ecosystem services is expected to improve over time but more significantly because part of the losses of biodiversity and the services it underpins are irreversible.“Economic growth might produce virtual Jurassic Theme Parks for children and adults; it will never resurrect the tiger if and when it goes” says a report entitled ‘The Economics of Ecosystems and Biodiversity’, commissioned by the G8 plus five environment ministers in March 2007.Grappling with discount rates may ultimately lead to the conclusion reached by Goddard in his own report: “Like priests, guardians of the mystical truths of discounting can use the special insights with which they have been blessed either to serve their fellow human beings or to bamboozle the rest of humanity into serving them.”Joseph Mariathasan is contributing editor at IPE The guardians of discounting can use their special insights to serve their fellow human beings or to bamboozle them, Joseph Mariathasan warnsModern finance is based around the idea of discount rates. Indeed, there is a whole intellectual framework built around the idea of adding risk premia to risk-free government bond yields when assessing investment opportunities.Yet the framework is actually very shaky. Nick Goddard of Long Finance published a primer in September on the uses and abuses of discount rates. As an former physicist, he wondered whether the idea was just an unavoidably complex piece of financial wizardry that provided invaluable insights into financial decision-making. Or, alternatively, was it an unnecessarily complex obfuscation, useful mainly for conferring an aura of technical rigour to whatever the banker’s gut-feeling was telling him?His conclusion was that the idea is a mixture of both.
Stretton $896,500 Woodridge $285,000 $611,500 215%Brookwater $780,000 Goodna $292,375 $487,625 167%Kuraby $682,000 Logan Central $285,000 $397,000 139%Fig Tree Pocket $1,170,000 Jamboree Heights $495,000 $675,000 136%Newport $850,000 Deception Bay $362,000 $488,000 135%Corinda $805,000 Inala $345,000 $460,000 133%Ascot $1,445,000 Northgate $633,000 $812,000 128%Pullenvale $1,115,000 Riverhills $505,000 $610,000 121%Sherwood $915,000 Rocklea $420,000 $495,000 118%Hamilton $1,403,888 Murarrie $645,500 $758,388 117%(Source: Realestate.com.au) Suburb #1 Median price Suburb #2 Median price Price difference % difference Suburb #1 Median price Suburb #2 Median price Price difference % difference Runcorn $326,000 Woodridge $161,500 $164,500 102%Scarborough $440,000 Deception Bay $255,000 $185,000 73%Ormiston $485,000 Capalaba $292,500 $192,500 66%Newstead $645,000 Fortitude Valley $390,000 $255,000 65%Bulimba $650,000 Albion $400,000 $250,000 63%Bethania $310,000 Beenleigh $203,000 $107,000 53%New Farm $587,000 East Brisbane $395,500 $191,500 48%North Lakes $402,500 Murrumba Downs $277,000 $125,500 45%Teneriffe $567,500 Bowen Hills $395,500 $172,000 43%Ascot $477,500 Wooloowin $336,750 $140,750 42%(Source: Realestate.com.au) THE TOP 10 BRIDESMAID SUBURBS FOR BUYING HOUSES IN BRISBANE THE TOP 10 BRIDESMAID SUBURBS FOR BUYING UNITS IN BRISBANE Nerida Conisbee, chief economist of REA Group. Image: AAP/Monique Harmer.SAVVY househunters could save hundreds of thousands of dollars by buying a house in a ‘bridesmaid’ suburb just a stone’s throw from some of Brisbane’s priciest postcodes.While the ‘bride’ suburbs of Ascot, Hamilton and Pullenvale may have some of the most prestigious real estate in Queensland, some of their neighbouring suburbs are just as appealing — and with a much more affordable price tag, new figures show.Research by Realestate.com.au reveals it is possible to buy a house in Northgate, Riverhills and Murarrie for less than half of what you would expect to pay for their respective ‘bride’ suburbs. This house at 139 Ridge St, Northgate, is for sale. Inside the house at 139 Ridge Street, Northgate.In crunching the numbers, suburbs were ranked based on the greatest variance in median price between the ‘bride’ suburb and the ‘bridesmaid’ suburb. The two suburbs being compared either share a boundary or are within 10km of each other.For example, in Newstead the median unit price is $645,000, but just next door in Fortitude Valley, the median unit price is $390,000 — that’s a difference of $255,000.The Brisbane ‘bridesmaid’ suburbs with the biggest difference in unit prices compared to their respective ‘bride’ suburbs include Woodridge, Deception Bay and Capalaba.Realestate.com.au chief economist Nerida Conisbee said ‘bridesmaid’ suburbs were considered the second-best options for buyers locked out of the more expensive postcodes. This house at 7 Pomona Court, Deception Bay, is for sale.Ms Conisbee said some suburbs were seen as less desirable than others nearby, but buyer preferences could change. “Difficulties in moving around are going to be less of an issue going forward,” Ms Conisbee said.“Sometimes suburbs can seem vastly different but because preferences change they become far more desirable.”Ms Conisbee said buying a property a bit further away from a ‘bride’ suburb to a ‘bridesmaid’ suburb could be a good an investment.“In the knowledge that you’re never going to pay the same price, you can enjoy some of the amenities that the blue chip suburbs enjoy (by moving to wannabe suburbs),” she said.“The factors that seem to lead to the gaps are things like beach access, housing is tight, block sizes and physical geography. Hilly does better as you can get higher aspects.” REA Group chief economist Nerida Conisbee.In Brisbane, Ms Conisbee said homes in suburbs on the river were generally higher in price.She said Stretton, with a median house price of $896,500, would be considered a ‘bride’ suburb because it had a lot of big homes on large blocks.But the nearby suburb of Woodridge had a much more affordable median house price of $285,000 — meaning buyers could potentially save more than $600,000 by buying a house there instead.“Places like New Farm are also really expensive for houses,” Ms Conisbee said. “People are potentially buying units just to be in those (‘bride’) suburbs, and that’s something that would really push up the pricing.”Ms Conisbee said the same considerations applied when it came to buying units.“If there are a lot of units in one location as opposed to another, it makes it a lot cheaper than a suburb where there aren’t many units,” she said. This character home at 68 Peary St, Northgate, is for sale.Northgate in Brisbane’s north has been identified as a ‘bridesmaid’ suburb, with a median house price of $633,000, yet only about 10km from the CBD.Its ‘bride’ equivalent of blue-chip Ascot has a median house price of $1.4 million.Janelle McKenna of Place Estate Agents Ascot said Northgate was a more affordable alternative to Ascot that offered “more bang for your buck”.But house prices in the suburb are rapidly growing as buyers begin to realise its potential.Ms McKenna holds the residential home sale record for Northgate after selling 94 Peary Street for $3 million early this year.“I don’t think you’d get a bargain here anymore, but you’re going to have good growth — it’s definitely a suburb worth investing in,” Ms McKenna said.She said the suburb had grown in popularity in recent years as coffee shops and micro breweries started to pop up.“Northgate once upon a time was looked at as an industrial suburb, mainly because of the pineapple factory that was here,” Ms McKenna said.“It’s now a community minded family area.”On the other side of the river, the ‘bridesmaid’ suburb of Murarrie has a median house price of $645,500 — a far cry from its respective ‘bride’ suburb of Hamilton, where the average house sells for $1.4 million. This house at 48 Walter St, Murarrie, is for sale.After falling in love with Murarrie nearly two decades ago, Mara and Vince Greco are now reluctant to leave.The couple is selling their home at 32 Walter Street to move closer to family interstate.The Grecos have seen a lot of once undesirable suburbs become ‘brides’ in the time they have lived there. “We used to visit friends in Bulimba, but back then it was an area inhabited by people who worked down at the wharves,” Mr Greco said. “It was low-lying and flood-prone. Of course, it’s been transformed now.”But Mr Greco always saw potential in Murarrie.“On the other side of Creek Road — the high side — is all small, post-war houses,” he said. “The elevation is something that always appealed to me. It’s a lot cooler up here than on the low side.” Mara and Vince Greco are selling their house in the “bridesmaid” suburb of Murarrie. Picture: Tara Croser.The Grecos bought an old house in the suburb, but instead of renovating, decided to rebuild. Mr Greco believes it was a good investment decision, and sees Murarrie continuing to grow in the years ahead.“If you look at the progression of residential development over the decades, if you look at what Brisbane started out as and how it’s grown since then, the industry tends to get pushed further and further out,” he said.“There’s less and less stevedore work and dry docks down along the river at Murrarie, and that will all slowly change. “People want to live close to amenities, schools, shopping centres. Here, you’ve got the Cannon Hill shopping centre, Carindale (Westfield shopping centre) down the road, you’re one traffic light away from the north coast, one traffic light away from the south coast, and there’s a train station.” Work underway on the Murarrie River Recreation Hub. Picture: Brian Bennion.Meagan Muir of Place Bulimba, who is marketing the Grecos home, said ‘bridesmaid’ suburbs like Murarrie often held up well in times of uncertainty because buyers saw an opportunity to buy close to a more desirable area.“I think anyone wants to buy in a suburb where they can see growth happening,” Mrs Muir said.“If they can get in at a value buy, they feel more confident because they’re not paying a premium for real estate at a time when the market is uncertain.”Mrs Muir said Murarrie was seen as the next Cannon Hill in terms of the ripple effect from higher priced suburbs closer to the CBD. More from newsParks and wildlife the new lust-haves post coronavirus8 hours agoNoosa’s best beachfront penthouse is about to hit the market8 hours ago“Now Cannon Hill is outpricing many buyers, so they’re looking to Murarrie,” she said.“It’s very family friendly, with lots of young families and first home buyers.“You’ve got a city view from some parts. In Bulimba, you’d be paying in the high $1 million bracket for a house with the same view.”
At the same time, Taylor can’t go with 2019 fourth-rounder Ryan Finley as Burrow’s backup. Cincinnati needs to find an experienced No. 2 who can serve as an extra offensive coach.The Chiefs’ Matt Moore, who worked with Taylor in Miami, is a free agent. On the lowest level of the open market, there’s also the Vikings’ Sean Mannion, who worked under Taylor and Sean McVay behind Jared Goff in Los Angeles.2. Extend Joe Mixon and get him more involved in the passing gameMixon was the lifeblood of the Bengals’ offense in 2019. Taylor was slow to give his dynamic feature back big workloads early in the season, but Mixon averaged 24 touches per game in the second half, ending up with 313 touches for 1,424 yards when the passing game was hit-or-miss with Finley and Dalton.Mixon was effective as a receiver, consistently explosive with his 35 catches on 45 targets. There was room to use Mixon even more in that capacity. Meanwhile, Burrow at LSU was boosted by Clyde Edwards-Helaire, who caught 55 passes for the Tigers.MORE: 9 absurd records Burrow set in 2019Burrow is a few months older than Mixon, who will be 24 entering the 2020 season and the final year of his rookie contract. He is a vital piece to what the Bengals need to do offensively going forward. It makes a lot of sense for them to take care of his long-term contract so he can be in lockstep with Burrow in the critical early years.3. Try to keep A.J. Green, but also get Burrow a rookie go-to guy outsideGreen ideally would stay with the Bengals to finish his career and keep working on the franchise’s career receiving marks. But he is entering his age-32 season and didn’t play at all in 2019 with his ankle injury.Those things can add up to a team friendly-deal that would keep his venerable presence in the receiving corps. The Bengals’ most productive receiver over the past two seasons has been Tyler Boyd, who at 26 is already signed through 2023. A strong route runner with good hands, though, Boyd would be more effective as a slot security blanket for Burrow. Whether or not Green stays, given his age, it wouldn’t be smart for the Bengals to settle for 2017 speedy first-rounder John Ross and 2018 big seventh-rounder Auden Tate. The 2020 wide receiver draft class is deep enough that the Bengals can get a well-rounded prospect with starting potential in the second or third round.4. Keep addressing pass protection and get Jonah Williams healthyThe Bengals didn’t get to see what Williams, their 2019 first-round pick (No. 11 overall from Alabama), could do at left tackle after he suffered a torn labrum in the offseason. He should be fully recovered from the shoulder injury to play in 2020, and at 6-4, 305 pounds, he has the potential to be the rock for Burrow the way Andrew Whitworth was for Dalton.Cincinnati decided to re-sign shaky right tackle Bobby Hart to a three-year, $21 million extension last March, so it can be assumed Williams and Hart will be Burrow’s initial edge blockers. But the Bengals should be more interested in upgrading the interior given 2018 first-round center Billy Price looks like an all-out bust.Burrow, who is tough and elusive, has good footwork and pocket presence to sidestep pressure, but he also benefited from sturdy LSU line play. Note that Cincinnati was in the bottom 10 in sacks allowed (48) but was No. 22 in QB hits allowed (83) in 2019. NFL MOCK DRAFT 2020:Burrow first of three QBs taken in Round 1With LSU, Burrow won back-to-back College Football Playoff games. The Bengals have not won an NFL playoff game in 29 years. Burrow will be the centerpiece of Cincinnati’s latest rebuild after a 2-14 season. With offensive-minded head coach Zac Taylor entering his second year, that’s a good start for Burrow to get favorable pro coaching after working so well with the braintrust of Ed Orgeron, Joe Brady and Steve Ensminger.To keep Burrow on the right track, here is the Bengals’ must-do immediate groundwork with the soon-to-be rookie quarterback.1. Move Andy Dalton and sign a willing veteran backup QBFirst things first, the Bengals need to commit to starting Burrow right away so he doesn’t have to worry about a pseudo training camp competition. Dalton has given the Bengals his best, but the 32-year-old is not built to be a mentoring backup.There are plenty of NFL teams with QB concerns and/or pending free agents at the position for Dalton to find a new home, either as a starter for a team that gives him strong support or as a bridge option. Dalton is the past, and Burrow is the future — the Bengals shouldn’t try to blend that and create mixed messages. (SN/Getty) https://images.daznservices.com/di/library/sporting_news/3/c8/tyler-eifert-082619-getty-ftr_qrupsgb8m0i16no0vx5rnxod.jpg?t=-813563380&w=500&quality=80 (Getty Images) https://images.daznservices.com/di/library/sporting_news/cf/ce/joe-burrow-011420-getty-ftr_1gsb6xaguioax1bjrolrr24e33.jpg?t=-1529200753&w=500&quality=80 (Getty Images) https://images.daznservices.com/di/library/sporting_news/79/45/aj-green-102519-getty-ftrjpg_wh8d0ybqmrck1n18oii7baxci.jpg?t=64471014&w=500&quality=80 Joe Burrow just finished his Heisman Trophy-winning senior season at LSU with a national championship. In putting up the greatest individual season by a college quarterback ever, he cemented his status as the No. 1 overall pick in 2020 NFL Draft.That means Burrow, 23, is trading the Bayou Bengals for the Cincinnati Bengals, who hold the top pick and a need a new franchise quarterback. Let’s hope he enjoyed that victory cigar after beating Clemson, because he is literally stepping into the next-level challenge of trying to get his new team to a Super Bowl. BENDER: Burrow arrived at the perfect timeBurrow was awesome to close his LSU career, but he had a lot of help from coaching, scheming, blocking and supporting skill players to make him an elite QB prospect.Now the Bengals need to make the 2020 season all about accelerating his pro development and potential. 5. Think about re-signing Tyler Eifert — or get a big-time tight end in free agencyMany thought Eifert, after being re-signed to a one-year deal for the beginning of the Taylor era, would return to a sizable role in the passing game. That was somewhat the case, as he stayed healthy all season to catch 43 of 65 targets for 436 yards and 3 TDs for a team that averaged fewer than 18 points per game.However, Eifert is entering his age-30 season as a pending free agent. Some elite young receiving tight ends also are set to become free agents in 25-year-olds Austin Hooper and Hunter Henry. Given Burrow’s connection with Thaddeus Moss (Randy’s son) at LSU, it would make sense for Cincinnati to keep what it has at the position. But it would make even more sense for the Bengals to get younger and better at tight end to help Burrow as a rookie.
A major question mark hangs over the athletes’ village, which occupies some prime real estate overlooking Tokyo Bay with a view of the city skyline and its famous Rainbow Bridge.It will have 21 towers of between 14 and 18 floors with a total capacity of 18,000 beds during the Olympics and 8,000 for the Paralympics.The plan was to renovate and convert the village into thousands of luxury condos, which are being sold off or put up for rent.According to the website of the Harumi Flag developers, some 4,145 units were to be put up for sale. Viewings and sales of a first batch of 940 apartments began in summer 2019 and the vast majority have already been snapped up, according to Japanese media.Postponement would mean delaying the renovation process and huge uncertainty for those who have already signed contracts — including whether force majeure clauses would be triggered.– Hotels –Among the “many, many” challenges the IOC mentioned, it highlighted that “the situations with millions of nights already booked in hotels is extremely difficult to handle”.In fact, one of the concerns before the coronavirus hit was a possible dearth of hotel rooms. One idea was to park a cruise ship offshore for emergency accommodation — now surely a non-starter given the experience with cruise ships and the virus.Hotel rooms have been block-booked in advance for many months. Many have paid a large deposit in advance and could face losing this, in addition to having to re-book quickly for a postponed date.The hotel industry would also face huge uncertainty if the Games are delayed, adding to the headache already posed by a catastrophic drop in tourism.– Any silver linings? –A postponement by a few months to later in 2020 might solve what had previously been the biggest concern over the Tokyo Olympics: the sweltering heat of the Japanese summer.It could even be conceivable to move the marathon back to Tokyo after it was shifted to the northern city of Sapporo amid fears over athletes’ safety in the summer heat and humidity of the Japanese capital.However, going ahead in the autumn would also put the Olympics in prime typhoon season — as the Rugby World Cup found out to its cost last year.A delay could also give sporting federations more time to prepare qualifying events, addressing one of the main concerns voiced by athletes. Tokyo, Japan | AFP | The Tokyo Olympics appears to be creeping towards a postponement, an unprecedented and costly exercise that involves ripping up years of planning.As International Olympic Committee president Thomas Bach told Germany’s SWR: “Postponing the Olympic Games is not like moving a football game to next Saturday.”Here are just some of the challenges:– Competition scheduling –As specialist website Inside the Games put it, the Olympics “gravitate around… a four-year cycle. If you wake up and the sun is in a completely different place, there are going to be consequences”.Much depends on the length of any postponement but shoehorning an Olympics into what is already a packed sporting calendar in 2021, for example, will be a logistical nightmare for both athletes, administrators and broadcasters.One potential clash is the World Athletics Championships, currently scheduled for August 2021 in the United States — a lucrative pay-day for athletes and TV networks.Swimming is also scheduled to hold its World Championships in Japan from July 16 to August 1, 2021.Adding to the crowded schedule is football’s European Championships, already postponed from 2020 to 2021.Olympic legend Carl Lewis has put the case for holding the Summer Games in 2022 alongside that year’s Winter Games in Beijing, creating a “celebratory Olympic year”.– Venues –There are 43 Olympic sites — some temporary, some purpose-built, others repurposed for the Tokyo 2020 Games — and all of them present difficulties in the event of a postponement.The IOC highlighted this as one of the main concerns, warning: “A number of critical venues needed for the Games could potentially not be available anymore.”For example, one of the main selling points of the brand new 68,000-seater Olympic Stadium was that it would hold “cultural and sporting events” after the Games were over. Any such event would now need to be moved if it clashes with a rescheduled Games.And it’s not just sporting venues. Organisers have block-booked the enormous Tokyo Big Sight exhibition centre to host the thousands of international journalists covering the Games.This is one of Asia’s premier venues for hosting large-scale conferences, and is booked many months in advance. Finding a suitable slot or persuading others to move could also be a challenge.– Athletes’ village – Share on: WhatsApp