Everest closing means financial hit

By PAT GRAHAM and BINAJ GURUBACHARYA

KATHMANDU, Nepal (AP) — The closure of Mount Everest will have significant financial ramifications for the local Sherpas, cooks, porters and others who make their living during the short climbing window. It also affects the clients who paid big money and expedition guides who are still on the hook for expenses. They all agree it was the right decision in light of the coronavirus pandemic. By shutting down the passage through the south route of Everest, the Nepal government stands to lose some $4 million in permits alone. There are thousands of people who depend on the money spent by climbers in Nepal.