Global Macro / Markets / Investing:
- El-Erian: US stock market could end up dropping 20%-30% before bottom is finally reached – CNBC
- A dozen years after the 2008 recession, a different kind of debt threatens the world economy – NBC
- Dow Jones on Track to Follow 1929 Crash as Futures Drop 5% – BeInCrypto
- Oil crashed because demand is much lower due to Covid19 – Foreign Policy
- Free-fall in Oil, Virus Fears Slam Markets, Dow Drops 7.8% – Florida Daily
- Dow closes down 2,000 points in largest daily point loss ever – MSN
- Bull Market Is Over – Stock Market News
- The Viral Recession – And Why It Will Be So Hard To Stop – The Atlantic
Americas:
- Wells Fargo Officials Resign Days Before They Were Set To Testify Before Congress – NPR
- Trump’s focus on coronavirus numbers could backfire, health experts say – Reuters
- Coronavirus effect on the economy could blow up Trump’s reelection bid – Business Insider
- Amazon is now selling its cashierless store technology to other retailers – Tech Crunch
- NY Fed pumps at least $50 billion more into the financial system to ease coronavirus stress – CNN
- White House’s coronavirus response under attack as stock markets plunge – Reuters
Europe:
- Russian Ruble Plummets Amid Oil Market Chaos – The Moscow Times
- Northern Italy quarantines 16 million people – BBC
- Italy closes down. All the nation in quarantine, the northern quarantine has been expanded. – ASNA
- Romania closes schools to fight coronavirus outbreak – Romania Insider
- Merkel: Turkey’s handling of migrant and refugee crisis ‘unacceptable’ – DW
- Italy’s Coronavirus Lockdown Tests the Limits of Democracy – Bloomberg
Asia:
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- Japan warns as yen rises on spread of coronavirus – Reuters
- China Approves 29-Minute Testing Kit for New Coronavirus – Shine
- South Korea is composting its way to sustainability – New Yorker
- Japan’s Economy Shrinks Faster than Estimated as Virus Compounds Recession Risk – Reuters
- South Korea’s Coronavirus Cases Top 7,000 – Kyodo News
Trans-Tasman:
- Coronavirus quarantine raises questions about annual leave and workers’ rights – ABC
- Six grants worth a total of $260k approved in marginal seat of Longman before election – The Guardian
- Coronavirus spreads in NSW, doctor calls for Sydney to be quarantined – ABC
- “Public housing available for all”: Greens pitch home building boost to offset coronavirus – The SMH
- TV star Scott Cam’s $350,000 taxpayer salary ‘none of your business’ – Sky News
- Scotty Cam defends $345k taxpayer funded cash splash for his ‘National careers ambassador’ position – ABC
- Morrison warns coronavirus hit could be worse than GFC amid recession predictions – The Guardian
- WA schools will close according to Australian Medical Association (WA) president Andrew Miller – The West
- Government faces lifting its own debt cap as virus hits budget – The SMH
- Why a cash-splash can’t save us from the virus crisis – The SMH
- Morrison isn’t trying to prevent a recession – New Daily
- NZ export intentions fall to record low – Interest.co.nz
- Exports to China down $142 mln in February, imports from China down $169 mln – Interest.co.nz