New Zealand – tough and dramatic decade ahead

 
New Zealand will keep a closed border policy for a considerable period ahead according to PM Jacinda Ardern. This will hit the tourism industry as well as trade with China – both of which are essential to the economy. The NZ finance minister warned last month that the country is facing an economic shock “a quantum greater” than that of the 2008 crisis, with high unemployment. With a population of around 5 million they have had 20 coronavirus deaths to date and are easing