Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on the day's biggest business stories

Subscribe to Axios Closer for insights into the day’s business news and trends and why they matter

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios Pro Rata

Dive into the world of dealmakers across VC, PE and M&A with Axios Pro Rata. Delivered daily to your inbox by Dan Primack and Kia Kokalitcheva.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Nashville news?

Get a daily digest of the most important stories affecting your hometown with the Axios Nashville newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Columbus news?

Get a daily digest of the most important stories affecting your hometown with the Axios Columbus newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Dallas news?

Get a daily digest of the most important stories affecting your hometown with the Axios Dallas newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Austin news?

Get a daily digest of the most important stories affecting your hometown with the Axios Austin newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Atlanta news?

Get a daily digest of the most important stories affecting your hometown with the Axios Atlanta newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Philadelphia news?

Get a daily digest of the most important stories affecting your hometown with the Axios Philadelphia newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Chicago news?

Get a daily digest of the most important stories affecting your hometown with the Axios Chicago newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios NW Arkansas

Stay up-to-date on the most important and interesting stories affecting NW Arkansas, authored by local reporters

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top DC news?

Get a daily digest of the most important stories affecting your hometown with the Axios DC newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Great Britain's Jonnie Peacock celebrates winning gold in the men's 100m at the 2012 Paralympics in London. Photo: Julian Finney/Getty Images

The 16th Summer Paralympics would have ended this weekend in Tokyo, but the pandemic had other ideas.

Why it matters: The Paralympics is the one of the biggest sporting events on Earth, and its recent surge in popularity has helped change how the world views disabilities — and human potential.

  • The event's success has given the disabled community a global platform to show that there's nothing "less than" about them, and that platform is only getting bigger as 2021 approaches.

The backdrop: The Paralympics was the brainchild of Ludwig Guttmann, a Jewish neurologist in 1930s Germany who was forced out of his job when Adolf Hitler came to power.

  • His family escaped to England in 1939, where he took up a post at the Stoke Mandeville spinal injury center for soldiers and realized that the power of sport could be used to both mentally and physically rehabilitate his patients.
  • In 1948, with London hosting the Olympics, he organized the first annual Stoke Mandeville Games.
  • By 1960, the event had grown to include 400 athletes and was officially recognized as the 1st Paralympic Summer Games in Rome. Since then, it has run parallel to the Olympics.

The big picture: By 2008 in Beijing, the Paralympics had become a huge success, and in 2012, the event grew even bigger with 3.8 billion viewers worldwide.

  • Disaster nearly struck in 2016 when, just five weeks shy of the Rio Games, the IPC learned that the Rio 2016 Organizing Committee had spent all the money earmarked for the Paralympics on the Olympics.
  • Fortunately, government funds were secured at the last minute, and the event was a rousing success. A record 4.1 billion viewers tuned in, and in-person attendance actually outdrew the Olympics.

Meet the athletes: Netflix's new documentary, "Rising Phoenix," dives into the history of the Paralympics, while highlighting athletes' journeys from tragedy to triumph. A few heroes from the film:

  • Matt Stutzman: An American archer born without arms whose preternatural ability to use his feet made him a silver medalist in 2012.
  • Tatyana McFadden: A Russian-American track star born with spina bifida that left her paralyzed from the waist down. She's among the most decorated Paralympians of all time, with 17 medals across various events.
  • Jean-Baptiste Alaize: A French long jumper who was born in Burundi during that country's civil war and lost his leg at 3 after a machete attack. He's a four-time, U-23 world champion, still looking for his first Paralympic medal.

The last word:

"The Olympics are where heroes are created; the Paralympics are where heroes come."
— Ian Bonhôte, director of "Rising Phoenix"

🎥 Watch:

Editor's note: This story has been corrected to show that it was the Rio 2016 Organizing Committee (not the International Olympic Committee) that spent funds earmarked for the Paralympics on the Olympics instead.

Go deeper

Sep 9, 2020 - Sports

Human rights groups call on IOC to revoke 2022 Beijing Olympics

A sign for Beijing's bid for the Winter Olympics logo. Photo: Lintao Zhang/Getty Images)

More than 160 human rights groups called on the International Olympic Committee to revoke China's award of the 2022 Winter Olympic Games over the country's human rights abuses, Reuters reports.

Why it matters: The letter represents "the largest coordinated effort" yet against staging the Beijing games, coming amid heightened scrutiny of China's mass detention and repression of Uighur Muslims and other ethnic minorities, according to Reuters.

2 hours ago - Health

NYC to impose vaccine mandate on private employers

New York City Mayor Bill de Blasio (D) on Monday announced a new COVID vaccine mandate for all private companies.

Why it matters: De Blasio, speaking on MSNBC's "Morning Joe," said the "first-in-the-nation measure" will go into effect starting Dec. 27. It will apply to approximately 184,000 businesses.

D.C.-Beijing tensions are shifting markets

Illustration: Aïda Amer/Axios

U.S. markets stand to lose $2 trillion in value if D.C. and Beijing drift further apart.

Why it matters: Political chasms are showing up in new securities regulations that put companies and investors in a bind. The rules are also another reflection of how much relations between the world’s largest economies have cooled, even as they remain economically interdependent.