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

The economic injury from Covid-19 vacation limits is piling up, with extra corporations holding again on substantial investments or postponing selections as border closures and visa delays stymie operations for for a longer period than envisioned.

The situation has been most acute in Asia, where governments, worried about the Delta variant, are refusing to carry limits that have confined vacation for extra than a 12 months. China has stored its borders primarily shut since March 2020. Japan, Australia, Singapore and other international locations are however blocking borders or necessitating prolonged quarantines for readers.