Links 30 January 2020
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Global Macro / Markets / Investing:
- US stocks bounce back after virus-fuelled rout – Channel News Asia
- Apple holiday earnings, sales hit record highs beyond expectations – Market Watch
- Biggest companies in world right now – market values – Igorb News
- Dubai set to launch its own tax-free ‘Crypto Valley’ – Decrypt
- Dow Jones sinks more than 400 points amid coronavirus uncertainty – ABC News
- Capital Controls Are Becoming Disturbingly Popular – Bloomberg
Americas:
- GM commits $3 billion to build electric and autonomous vehicles in Michigan – Tech Crunch
- Atari is opening eight video game hotels across the U.S. – Input Mag
- In grinding manufacturing slump, 3M cuts another 1,500 jobs – AP News
- Joe Biden’s Super Pac is Being Organized by Corporate Lobbyists for Healthcare Industry, Weapon Makers and Finance Industry – The Intercept
- California Sued After Concealing $320 Billion In Annual State Payments – Zero Hedge
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Europe:
- Greece sells 15-year debt for first time in more than a decade – Gulf Times
- U.S. wants the EU to accept chemical-washed chicken as part of trade deal – LA Times
- Some EU Members Want to Put an End to UK’s Access to EU Databases Post-Brexit – schengenvisainfo.com
- Europe’s plans for a carbon tax could derail trade deal with the US – CNBC
- France launches first wind-powered hydrogen plant – Wind Power Monthly
- Depopulation is eastern Europe’s biggest problem – FT
Asia:
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- China Takes Steps to Speed Up Drug, Medical Supply Imports to Fight Virus – Yicai Global
- Kashmiri journalists, news outlets still offline after India partially restores internet – CPJ
- Wuhan Virus Death Toll Jumps to 106, Nearly 1,300 New Cases in China – Channel News Asia
- Denmark refuses to apologise to China over coronavirus cartoon – The Telegraph
- Virus Crisis Exposes Cracks in China’s Facade of Unity – NY Times
Trans-Tasman:
- Greens introduce “Equality Bill” to counter Morrison government’s “Religious Freedom Bill” – Star Observer
- Essential poll: 51% of voters think PM should have sacked Bridget McKenzie over sports rorts – The Guardian
- Government ignored its own criteria in awarding drought grants – ABC
- Australians stranded in Wuhan to be evacuated to Christmas Island, Scott Morrison announces – SBS
- ‘Embarrassingly slow’: Australia has fourth slowest broadband in the OECD – New Daily
- Top academics write to Morrison Government asking for ‘deep cuts’ to Australia’s greenhouse gas emissions – ABC
- Australia is ‘ground zero’ in climate crisis and must show leadership, top researchers say – The Guardian
- How ‘Murdochracy’ controls the climate debate in Australia – Aljazeera
- Australian lab first outside of China to re-create coronavirus, helping vaccine push – ABC
- Unemployment numbers don’t tell the full story of a tough jobs market – ABC
- Mortgage figures go through the roof – Interest.co.nz
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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
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