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

The financial harm from Covid-19 vacation limitations is piling up, with far more businesses holding back on large investments or postponing conclusions as border closures and visa delays stymie functions for more time than envisioned.

The circumstance has been most acute in Asia, wherever governments, worried about the Delta variant, are refusing to lift limitations that have minimal vacation for far more than a calendar year. China has retained its borders mainly shut due to the fact March 2020. Japan, Australia, Singapore and other international locations are even now blocking borders or requiring prolonged quarantines for people.