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Stock impact report

New Zealand's lockdown contained coronavirus. Now comes the hard part [Reuters]

Meta Platforms, Inc. - Class A (FB) 
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Company Research Source: Reuters
New Zealand's lockdown contained coronavirus. Now comes the hard part WELLINGTON (Reuters) - When New Zealand Prime Minister Jacinda Ardern and her top health official announced this week they would delay easing tough measures to control the coronavirus pandemic, they might have expected an uproar. Instead, New Zealanders - largely confined to their homes for a month - flooded social media with messages of support for Ardern and Dr Ashley Bloomfield, the director general of health. The duo, who lead New Zealand’s policy of near-total isolation and sweeping restrictions on movement, have created and ridden a wave of public support and compliance that has all but shut down the spread of the virus. Now comes the hard part. Getting the $200 billion trade- and tourism-dependent economy running again from a standing start will be no mean feat. Criticisms have grown that similar results could have been achieved with less stringent measures. And ongoing costs of lost jobs and stimulus measure Show less Read more
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