Economic Costs Accumulate as Countries Worried by Delta Variant Extend Border Closures

The economic problems from Covid-19 travel constraints is piling up, with extra firms holding again on significant investments or suspending choices as border closures and visa delays stymie functions for extended than envisioned.

The condition has been most acute in Asia, the place governments, concerned about the Delta variant, are refusing to lift constraints that have minimal travel for extra than a yr. China has saved its borders mostly shut considering the fact that March 2020. Japan, Australia, Singapore and other nations are nonetheless blocking borders or requiring prolonged quarantines for visitors.