Jun 24, 2019

Italy to host 2026 Winter Olympic games

Marisa Fernandez

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

Axios

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 3 p.m. ET: 1,475,976 — Total deaths: 86,979 — Total recoveries: 317,372 — Map.
  2. U.S.: Total confirmed cases as of 3 p.m. ET: 404,352 — Total deaths: 13,829 — Total recoveries: 22,775 — Map.
  3. States latest: New York Gov. Andrew Cuomo issued an executive order allowing New Yorkers to vote by absentee ballot for June 23 primaries.
  4. Federal government latest: The U.S. has begun to see "glimmers of hope" despite its highest recorded number of deaths in 24 hours, Dr. Anthony Fauci said.
  5. World updates: WHO Director-General Tedros Adhanom Ghebreyesus urged countries should put politics aside "if you don’t want to have many more body bags.”
  6. 🎧 Podcast: The battle over billionaire coronavirus saviors
  7. What should I do? Pets, moving and personal health — Answers about the virus from Axios experts — What to know about social distancing — Q&A: Minimizing your coronavirus risk.
  8. Other resources: CDC on how to avoid the virus, what to do if you get it.

Subscribe to Mike Allen's Axios AM to follow our coronavirus coverage each morning from your inbox.

Keep ReadingArrowUpdated 27 mins ago - Politics & Policy
Kim Hart

The coronavirus pandemic threatens low-wage jobs

As many as one-third of U.S. jobs are at risk of disappearing as a result of the coronavirus pandemic, and it will disproportionately displace low-income workers that do not have the financial cushion to absorb the economic blow.

Why it matters: The dire economic ramifications of the national shut-down stand to devastate those that can least afford it. Nearly 10 million Americans have filed for unemployment claims in recent weeks.

Go deeperArrow29 mins ago - Economy & Business
Amy Harder

Coronavirus prompting historic drop in air travel and jet fuel demand

Air travel — and the jet fuel powering it — are plummeting alongside most other parts of our modern economy as vast swaths of the world shut down to fight the coronavirus.

Go deeperArrow54 mins ago - Health