Auckland’s Freedom Portends Spread of Covid Around New Zealand
(Bloomberg) -- New Zealand's largest city has exited lockdown after 107 days, bringing relief to its residents but also signaling the likely spread of Covid-19 to the rest of the country.
Auckland cafes, bars and restaurants opened their doors Friday for the first time since Aug. 17 -- albeit only to vaccinated guests -- as the government's new Covid Protection Framework takes effect nationwide. The so-called traffic-light system aims to do away with lockdowns and allow normal activity for vaccinated people, with minor restrictions such as mask-wearing and gathering limits depending on the risk level in each region.
“Life is going to start to feel a lot more normal for those people who have been subject to restrictions. Most people will be able to go about their life as normal with a vaccine certificate,” Covid-19 Response Minister Chris Hipkins told Radio New Zealand. However, “Covid is going to spread around the country,” he said.
Auckland is the epicenter of an outbreak of the delta strain of Covid-19 that the government has been unable to eliminate. It kept the city in lockdown while it rushed to vaccinate as many people as possible to limit the harm once the virus is finally unleashed. A border around Auckland will be lifted Dec. 15, allowing Aucklanders to travel for Christmas.
Vaccinated people are able to download a vaccine certificate to their phones that must be presented to enter hospitality and other close-contact venues such as gyms. They are not needed to access essential services such as supermarkets and pharmacies.
About 86% of the eligible population is fully vaccinated, with some areas above 90%.
Maori Slam New Zealand's Plan to Open Up at 90% Vaccination Rate
There is concern that as Aucklanders travel into regions that still have relatively low vaccination rates, there could be outbreaks among the most vulnerable communities.
The easing of restrictions in Auckland should boost New Zealand's economy. The city is home to about a third of the country's five million people and generates about a third of its gross domestic product.
©2021 Bloomberg L.P.
-
Opinion | India at 38: From Innovation Overperformer to Innovation Powerhouse
India now has 453 VC-backed deep science startups, 18 of them late-stage, after 117 percent growth since 2020. Laurus Labs, at USD 9.3 billion, is the most valuable deep science company in any middle-income economy outside China.
-
Navigating Energy Crossroads: S Jaishankar's Call For Diversified Supply Chains At G20 Ministerial Meeting
As geopolitical fault lines continue to test maritime trade routes and commodity flows, Jaishankar's message remains pertinent: true economic resilience requires open markets, protected transit lines, and a genuine commitment to multilateral cooperation rather than coercion.
-
Indians Are Travelling, But Not Every Journey Is A Holiday | The Week In Whys
Pilgrims, patients and working women are the real travellers, and the system hasn't quite caught up with them.
-
Getting To Work Costs Women More | The Reason Why
It is not just about women paying more than men. It is about women paying much more in cities than in villages.
-
AI Bias In Investing Cannot Be Eliminated, But It Can Be Governed
Framing is a particularly important example as identical financial information presented in terms of gains rather than losses can lead an LLM to reach a different assessment.
-
Joining The Dots | Dark Skies, Steady Diya: Why Hope Holds This Diwali
With war, a weak rupee and foreign outflows weighing on sentiment, policymakers at the NDTV World Summit and market veterans at NDTV Profit Ignite: Diwali Edition offered the same advice: stay invested and filter out the noise.
-
The Curious Case of Equitas Small Finance Bank And A CEO Who Quit For Stock
PN Vasudevan believes persistent investor concerns over a perceived conflict of interest had become a governance overhang on Equitas Small Finance Bank's stock, even as the lender improved profitability and asset quality.
-
Talking Points This Week: AI Cash Burn, A Tiger Comeback And An India That Still Finds Its Own Path
India is not immune to higher oil or tighter global liquidity, yet its earnings base is broader, its domestic policy levers are still available.
-
Foreign Investors Own Half Of HDFC Bank and ICICI Bank. An LTCG Cut Could Matter Most Here
Foreign portfolio investors have US$115 billion parked in HDFC Bank, ICICI Bank. If the government cuts long-term capital gains tax, Jefferies says returning foreign money could land here first.