Coronavirus travel barriers, business closures can harm the world economy: experts

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“When you stop planes and ships, trains and motor vehicles from moving, it starts to shut down the economy — and that can have a cascading effect throughout society.'

Toner said Apple’s decision could also be harmful to the economy and Apple itself, though he noted that many companies, including airlines, are trying to protect their employees.Markham businesses suffering from coronavirus fears, misinformation

The U.S., Australia, Singapore and Japan have imposed travel restrictions and Vietnam suspended all flights to China. U.S. officials pointed to how quickly the virus has spread around the globe as justification, although world health officials have warned against such measures.At least 24 countries have reported cases of the new virus, which is from the coronavirus family.

Toner said governments are ultimately “trying to do something that has very little benefit but very real harm.”

 

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