From Breakingviews: Cambodia’s unhealthy entry fees, Europe’s gloomy outlook for new cars – and the positive vibes around old ones. Catch up with the latest financial insights
A swimming pool is seen at Dara Sakor Hotel at Botum Sakor in Koh Kong province, Cambodia, May 6, 2018.ANGKOR WUT? It’s getting pricier to see Siem Reap. Even as some small countries try to help cover virus-related travel costs, Cambodia is asking visitors to put up a $3,000 deposit to pay for a Covid-19 test upon entry and any other potential treatments or fees. And to be extra sure, officials also want proof of $50,000 of health insurance.
HIT THE BRAKES. So much for automakers’ hopes for a V-shaped recovery. Sales by the likes of Volkswagen, Peugeot and Fiat Chrysler Automobiles are expected to decline by a quarter in 2020 compared with last year, according to a new forecast on Tuesday from the European Automobile Manufacturers’ Association.
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