Tokyo's Bid A High-Stakes Gamble For Japan PM, Abenomics


TOKYO: Tokyo's bid for the 2020 summer Olympics is not just a matter of pride for the Japanese capital. It's a high-stakes gamble for Prime Minister Shinzo Abe, who has put his prestige on the line.

The right to host the games, to be decided on Saturday in Argentina, would likely boost Abe's popularity, and could potentially spur his signature pro-growth policies for the world's third-biggest economy.

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