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Photo: Chris J Ratcliffe/Getty Images

The International Olympic Committee on Monday awarded the 2026 Winter Olympic games to Milan and Cortina d'Ampezzo in northern Italy over Stockholm and Åre, Sweden.

The big picture: Italy last hosted the games in Turin in 2006, while Cortina's Alpine ski resort was last on the Olympic stage in 1956. The IOC pledged to provide the country with $925 million for operating costs of up to $1.7 billion, AP reports.

Italy will take on hosting responsibilities at a time of economic distress and massive debt, which is playing out in an ongoing dispute over the government's budget-busting with the EU. Still, Milan-Cortina are "two of the richest provinces in Europe," according to Italian Undersecretary of State Giancarlo Giorgetti.

  • 85% of local residents in Italy supported hosting compared to 60% in Sweden, which was the runner-up.

What's next: Beijing will host the 2022 Winter Games. In 2020, Tokyo will host the next Summer Olympics, followed by Paris in 2024 and Los Angeles in 2028.

Go deeper

Muslim families hope to reunite following Biden's travel ban repeal

Photo: Andrew Lichtenstein/Corbis via Getty Images

Muslim Americans across the U.S. are celebrating President Biden's day-1 reversal of former President Trump's travel ban that targeted several Muslim-majority countries.

The big picture: The repeal of what many critics called the "Muslim ban" renews hope for thousands of families separated by Trump's order.

Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Eniola Odetunde/Axios

  1. Health: Most vulnerable Americans aren't getting enough vaccine information — Fauci says Trump administration's lack of facts on COVID "very likely" cost lives.
  2. Education: Schools face an uphill battle to reopen during the pandemic.
  3. Politics: Biden unveils "wartime" COVID strategyBiden's COVID-19 bubble.
  4. Vaccine: Florida requiring proof of residency to get vaccine — CDC extends interval between vaccine doses for exceptional cases.
  5. World: Hong Kong puts tens of thousands on lockdown as cases surge — Pfizer to supply 40 million vaccine doses to lower-income countries.
  6. Sports: 2021 Tokyo Olympics hang in the balance.
  7. 🎧 Podcast: Carbon Health's CEO on unsticking the vaccine bottleneck.
Bryan Walsh, author of Future
5 hours ago - Health

Schools face an uphill battle to reopen during the pandemic

Illustration: Aïda Amer/Axios

President Biden's plan to accelerate the reopening of K-8 schools faces major challenges from a still out-of-control pandemic and more contagious coronavirus variants.

Why it matters: The longer American kids miss in-person schooling, the further they fall behind. But the uncertain state of the science on the role young children play in the pandemic continues to complicate efforts to reopen schools.