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

The financial damage from Covid-19 vacation limits is piling up, with a lot more companies holding back on large investments or postponing choices as border closures and visa delays stymie operations for for a longer period than envisioned.

The scenario has been most acute in Asia, the place governments, nervous about the Delta variant, are refusing to raise limits that have restricted vacation for a lot more than a calendar year. China has saved its borders generally shut because March 2020. Japan, Australia, Singapore and other nations around the world are still blocking borders or demanding prolonged quarantines for site visitors.