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'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

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Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

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The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow

1

'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

2

Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

3

The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
tourism economy
Europe

American travelers dodge the EU travel ban—for now

By
Samy Adghirni
Samy Adghirni
,
Milda Seputyte
Milda Seputyte
,
Andra Timu
Andra Timu
, and
Bloomberg
Bloomberg
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By
Samy Adghirni
Samy Adghirni
,
Milda Seputyte
Milda Seputyte
,
Andra Timu
Andra Timu
, and
Bloomberg
Bloomberg
Down Arrow Button Icon
August 10, 2021, 8:26 AM ET
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The European Union decided not to reinstate restrictions on non-essential travel from the U.S. despite new Covid-19 cases there exceeding the bloc’s threshold.

The next review of the list of countries being granted unrestricted access into the EU will be in two weeks, according to a spokesperson for the Slovenian presidency, who confirmed Monday’s decision. 

New Covid cases in the U.S. rose to about 270 per 100,000 inhabitants over the previous 14 days, according to data compiled by the European Center for Disease Prevention and Control. The EU limit is 75 new cases.

The guidance from the bloc is a recommendation and any decision on who to let in, and what restrictions to impose, ultimately rests with the government of each member state. While countries have largely followed the guidelines, there have been times when individual nations have diverged from them.

Airline routes between the EU and U.S. have recovered to almost 50% of pre-pandemic levels after Brussels chose to let in fully vaccinated Americans in June. 

Easing mutual access has been a point of contention between the two regions. The Biden administration has kept foreign travel restrictions in place despite pressure to allow visitors from places like the EU. U.S. officials have cited rising delta variant cases as one reason for that decision.

Fueled by the highly transmissible delta variant, new coronavirus cases in the U.S. rose to 761,216 in the week ended Sunday, the highest total since early February, according to data compiled by Johns Hopkins University and Bloomberg.

Australia, Canada, Lebanon, Israel, Japan, Serbia, South Korea, Saudi Arabia and Taiwan are also on the list of countries from which non-essential travel is allowed. 

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