Source: The New York Times
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • The World Health Organisation has warned all countries that keeping borders shut in the long term is not a sustainable COVID-19 solution
  • Most nations implemented varying levels of border closures, in a bid to limit the spread of the virus amongst their communities
  • Australia and New Zealand have some of the world’s strictest border closures in place, which helped them almost eradicate the virus
  • The exception is Victoria, which continues to record high numbers of new COVID-19 cases
  • However, WHO officials said the closures aren’t economically sustainable and as a globe we have to find a “new normal”

Australia and other nations been sent a firm warning by the World Health Organisations, who says border closures are not sustainable in the long-term.

While most countries implemented border closures of varying strictness once the pandemic began, Australia and New Zealand’s border restrictions are among the toughest in the world and will likely remain in place well into 2021.

This is because both countries rely heavily on border closures, and a lack of community spread, as their main COVID-19 prevention method.

The strict closures have also proved successful.

New Zealand has almost eradicated the coronavirus and opened its economy back up. Meanwhile, many Australian state’s and territories have also returned to normal after capping the number of infections early on.

Victoria remains the exception though, as poor quarantine controls have allowed the virus to spread into the community, creating a massive second wave of cases, bigger than the original influx.

Just yesterday, the state hit a new daily record of 532 cases in 24 hours. Today, 384 new cases and another six deaths have been recorded in Victoria.

WHO advice

Despite border closures mostly proving effective in stopping the spread of COVID-19, WHO has warned they are not sustainable in the long term and have a dire effect on the global economy.

“Continuing to keep international borders sealed is not necessarily a sustainable strategy,” said WHO’s Emergencies Director Michael Ryan.

“It is going to be almost impossible for individual countries to keep their borders shut for the foreseeable future. Economies have to open up, people have to work, trade has to resume,” he added.

Instead, WHO encouraged nations to implement appropriate local measures to contain COVID-19, such as the use of masks and social distancing in public.

WHO’s technical lead on COVID-19, Maria Van Kerkhove, said it was up to everyone to adopt new, safer behaviours, in order to keep themselves safe.

“What we’re going to have to figure out… is what our new normal looks like,” she said.

“Our new normal includes physical distancing from others, (and) wearing masks where appropriate,” she said. “Our new normal includes us knowing where this virus is each and every day, where we live, where we work, where we want to travel.”

More From The Market Online
AI concept

The great AI scare sell-off is still permeating Wall Street; a speculative blog from the not-so-distant future stands as the latest culprit

The ongoing tech sell-off in the United States, ironically driven by the larger AI thematic itself, continues to define
US and Aus flag

The XJO benefitted from geopolitical calm last week. New tariff fears perhaps feel more familiar

Last week, I wrote that the ASX200 was having a good week, where Australian investors were reacting to Australian earnings reports and how

Okay, so just where is gold heading? Experts say its nowhere near finishline yet

Leading industry, government and investment groups are still confident that the gold’s bull run is nowhere…
Koala share trading AI

The ASX 200 is up over 4% YTD. What EOY targets are floating around?

It’s been a pretty good year for the ASX200 so far, helped greatly by the ‘commodity supercycle’ narrative – which isn’t really a