That is not all of it Tom. It is a tragedy for all who live there, all the soldiers and all the families touched by this. The olympics is about peaceful competition, both in history and symbolism. No nation at war should be allowed to participate in a celebration of peace in my opinion. None!
Unfortunately the modern games is about the IOC and money instead so it will not happen.

(I see the further tragedy for the athletes from the countries of Georgia, Russia and soon maybe Ukraine also of course. They already have increased pressure on them, and angst. Latest I heard was the georgians wanting to go home, but the IOC convinced them to stay)