Covid: Japan town builds giant squid statue with relief money

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Noto, which is known for its flying squid, hopes the giant statue will draw back tourists. …

Like in many other countries, the coronavirus pandemic has badly hit Japan’s tourism industry. The country is hosting the Olympics this year but no international fans will be allowed at the event, which could amount to losses of 200bn yen ($1.8bn; £1.3bn), according to Takahide Kiuchi, an executive economist at Nomura Research Institute.

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