it s expensive. and obviously dampens what industry were hoping would be quite an uptick in travel. what has been the reaction from industry groups? many people are discussing about how much longer some of these businesses can hang on. reporter: it s how long can the businesses hang on and also from some scientists, in fact. i saw a report over the weekend someone was questioning whether the uk government was closing the barn door after the horses bolted. 246 cases were identified, an increase of 50% in just 24 hours. travel in tourism already under huge amounts of pressure. they were hoping for a bit of an uptick in the travel season. bans haven t been lockdown so forth. pe i saw the pie lots union say it s a cruel joke. so many families want to
how much do you worry that the drag from this pandemic will be much longer than anyone predicted? you hit the nail on the head. you re talking about countries with their economy tied to tourism. those tend to be emerging market countries, many of them. those are the countries with lower vaccine rates. in some cases they haven t been able to get the vaccine. in some populations they haven t taken it as readily. either way this isn t goods for travel and you re probably going to be if we re in sort of the situation we were at the spread of the delta variant with omicron, you re going to be seeing cancellations. travel is a huge instrument. it affects retail. it affects restaurants. it affects construction. so that could have a really big knock-on effect for sure. on the up side, i will say the latest u.s. jobs report did have stronger logistics jobs, manufacturing. you re starting to see some of that regionalization we thought