TSX HEADLINES – for Feb. 21, 2018: Remember the 1983 movie “War Games” with Matthew Broderick as the teenager who hacks into the U.S. missile-defense system and almost starts a nuclear attack?
After considering all the possibilities, the computer decides that “The only winning move is not to play.”
That’s the danger the International Olympic Committee is facing as stories seep out of PyeongChang about the cost of the Games – now estimated at $12.9 billion, about 61% higher than originally budgeted – and the lack of legacy plans for a quarter of the shiny, new venues … and the continuing degradation of the venues remaining in Rio de Janeiro from the 2016 Games. The IOC is urging the Brazilian government to tear some of them down!
There are more details to consider in our Lane One commentary, but with just four cities currently even contemplating a bid for 2026, it’s a worrysome time for the IOC. There’s a lot more, however, in this issue:
(1) THE BIG PICTURE: What is going on with USA Track & Field, as it places its elected president on “administrative leave.” One well-known running Web site asked, “Was this a silent coup?”
(2) PYEONGCHANG PANORAMA: A historic day for the U.S. with a first-ever medal in women’s Cross Country skiing and the first women’s medal in Speed Skating since 2002! Plus a look at today’s possibilities, with Mikaela Shiffrin going and the USA-Canada women’s ice hockey final!
(3) CROSS COUNTRY: Full coverage of the historic U.S. women’s duo of Kikkan Randall and Jessie Diggins as they won the women’s Team Sprint for the first U.S. Cross Country medal at the Winter Games in 42 years!
(4) SPEED SKATING: Another drought ends, with three U.S. women teaming up for a bronze in the Team Pursuit, ending the American medal drought in the sport of eight years.
(5) BASKETBALL: The U.S. men’s national team – made of up G League players – is competing this weekend in qualifying games for the 2019 world championships!