May 8, 2021

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Covid: Japanese town builds giant squid statue with relief money

As in many other countries, the Coronavirus pandemic has severely affected Japan’s tourism industry. The country will host the Olympics this year, but international fans will not be allowed to attend the event, which could be as much as 200 billion yen ($ 1.8 billion; £ 1.3 billion), according to Takahid Kiuchi, an executive economist at Nomura Research.