looks like toronto maple leafs logo
we want toots
https://www.tvnz.co.nz/one-news/new-zealand/coronavirus-could-come-catastrophic-cost-new-zealands-economy
A new coronavirus has infected more than 4500 people worldwide and while it hasn't reached New Zealand's shores yet, the knock-on effects are already being felt in our economy.
MCP spent thousands of dollars preparing to show off their products at a major trade fair in Shanghai, but now it's been indefinitely postponed.
"The cost to us as well as other companies in New Zealand will be catastrophic," sales and marketing manager Sharron Schlegel told 1 NEWS.
Globally the effect is already being felt, with markets plummeting.
ANZ released its global economic outlook today and warned the effects of the virus on the Chinese economy could be catastrophic.
That would inevitably have some flow-on here.
"The closest comparison is to think back to the SARS virus in 2003 and one study estimated the impact on the New Zealand GDP at 0.8 per cent," NZIER principal economist Christina Leung told 1 NEWS.
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theres the gimmick