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Tokyo Olympics should be delayed: Japan committee member
The Tokyo Summer Olympics should be postponed, a Japanese committee official told Nikkei on Thursday, arguing that athletes are already at risk by continuing to train for the games amid the global coronavirus pandemic.
Kaori Yamaguchi, who took the bronze medal for judo at the 1988 games in Seoul, became the first Japanese Olympic Committee executive board member to openly split with the International Olympic Committee, which is still set on proceeding with the games from the end of July as scheduled. The IOC "is putting athletes at risk," Yamaguchi said. She plans to argue her position when the JOC meets Friday next week. "As far as I can tell from news reports coming out of the U.S. and Europe, I don't think the situation allows for athletes to continue training as usual," Yamaguchi said.
Athletes are inclined to train if told a contest is coming up, she said. "By asking them to train under these conditions, the IOC is opening itself up the criticism that it is not putting athletes first," Yamaguchi said. Former Olympic medalists overseas are already questioning the IOC's stance on social media.
Olympic Committee of Spain President Alejandro Blanco said this week that Spanish athletes will be at a disadvantage if the games are not pushed back. Members of Japan's national badminton and fencing teams have entered into residential quarantine after coming back from international excursions. Other national teams have cancelled training camps in Japan.
Organizers are scaling back the Japan leg of the torch relay, due to begin next Thursday, asking roadside spectators who feel ill to stay home. Yamaguchi also cited this development as a reason to postpone the games.
"Unlike other sporting events, the Olympics symbolize the ideal that sports bring about world peace," she said. "We should not hold [the Olympics] if people across the world can't enjoy themselves." "What I'm most scared of is that we force an opening and have people question the Olympics, asking, 'Why only the Olympics?'" she said.
The IOC said Tuesday that "with more than four months to go before the games there is no need for any drastic decisions at this stage." John Coates, chairman of the Tokyo Olympics coordination commission, told Australian media that the IOC does not have any deadline in mind for making the final call.
"Even if there is a reason that prevents the IOC from making a decision right now, [the IOC] should indicate a deadline," Yamaguchi argued. "A sudden announcement, like the decision to move the marathon and footraces to Sapporo, is not acceptable," she said.
https://asia.nikkei.com/Spotlight/Tokyo-2020-Olympics/Tokyo-Olympics-should-be-delayed-Japan-committee-member
Fed Could Snap Up Municipal Debt Under New Senate Proposal
A Senate bill to be introduced Friday would allow the Federal Reserve to purchase municipal debt, in an effort to ease the economic strain of the coronavirus pandemic on state and local governments. The measure from Senator Bob Menendez, a New Jersey Democrat on the Senate Banking Committee, would amend the Federal Reserve Act to allow the Fed to buy municipal bonds under “unusual and exigent circumstances.” The rule would be triggered by events like the rapid spread of a virus, other health emergencies or crises. “States and localities are on the front lines in the fight against COVID-19 and need assistance from the federal government to be able to finance the increasing costs of the response to this health emergency,” Menendez said in a statement. “The Municipal Bonds Emergency Relief Act would do that by allowing the Federal Reserve to provide support to state and local governments for this crisis and similar future emergencies.” The bill, which does not have any Republican cosponsors, would allow the Fed Board to authorize Federal Reserve banks to purchase municipal bonds on the open market. Five or more members of the board would have to vote to enact the procedure for it to work.
The Fed is already partially authorized to buy municipal bonds. Under Section 14 of the Federal Reserve Act, it can buy municipal debt with up to 6 months of maturity.
This would expand that authority to debt of “any maturity.” The global health crisis has hammered municipal bonds as states and localities strain resources to prepare a medical response, help local businesses and suffer revenue losses as they ask people to stay at home.
Municipal bonds are headed for an 8% drop in March, their worst month of performance since 1981, according to Bloomberg Barclays indexes.
https://www.bloomberg.com//news/articles/2020-03-20/fed-could-snap-up-municipal-debt-under-new-senate-proposal
Load it up baby…POOF!
Current snap of switched on AC. Showing training flights, rarely will you see much below 10k that is switched on-especially the jets. I see Mil jets all the time where I live but are never turned on.
they have to be seen doing it to themselves and every time the markets get a hiccup these asshats propose to buy everything to "save" it.
Shut the Fuck up Mr. "Woke"-shit is so stale
USAF EVAC072 Learjet C21A from St Louis-passing Romney to pilot right-circled…….
chek 'dat Pilot left
np. just glad the cap got in before post…I need cofveve
big fan of the music. the lyrics? not so much.
ahhh.. ty
2FLYY UK Military Pilatus PC-12 from Nicosia, Cyprus on final at Ankara Turkey
Registration: Guernsey, United Kingdom and also Stans-Buochs, Switzerland
yes I'm always good, great time in the class last night-the love was nice.
I think we get a break until sunday. cold for here-the parka crew with the ugg boots are out in full force…with shorts of course.
we are wimps here. used to be able to handle the cold. Moar of a season in the Bay area-there for a long time, but not here. Great for winter, don't have to shovel snow or drive in it.
habby bakes ahead.
o7