Tokyo is the world’s most expensive city for food, followed by Zurich and Geneva, according to a report released by the Swiss bank UBS covering 72 cities in 58 countries.
The food basket composed of 39 different representative products, used as the measurement unit, costs USD 928 in Tokyo, USD 715 in Geneva and USD 704 in Zurich, the bank’s annual Prices and Earnings report said yesterday.
The two cheapest cities of the world are Mumbai and Delhi, where the same baskets of foods cost USD 186 and USD 208 respectively.
The average global cost of the food basket is USD 424.
The report also showed that Tokyo is among the three most expensive cities in general, for goods and services, behind Oslo and Zurich, while Delhi and Mumbai are again the two cheapest. The Japanese capital is 8.
According to this article published in Time magazine, Tokyo are the current favorites to win the 2020 Olympic game bid.
The British bookmakers have installed the Japanese capital as the favorite to host the Games and the reasons do appear compelling, even though this is the second Olympics in a row in which they’re bidding (the Olympics were also held there in 1964). “I think Tokyo is a pretty safe bet,” says Stefan Szymanski, the Stephen J. Galetti Professor of Sport Management, in the department of Kinesiology at the University of Michigan (the full audio of the interview is below). “You can trust the Japanese to get everything on time and to budget. You can be sure they will run an efficient, safe Games and there will be no risks involved. You can be sure all the technology’s going to work. So I think it’s big pluses on those fronts.”
Read more: http://olympics.time.com/2012/09/06/tokyo-istanbul-or-madrid-who-will-host-the-2020-summer-olympics/#ixzz25jM5uJBh