Global Macro / Markets / Investing:
- Investors expect a ‘permanent recession,’ Paul Krugman warns after Treasury yields tumble and interest rates plunge – Markets Insider
- Markets plunge in worst fall since 2008 crisis: Whatever the gyrations of the markets over the next days and weeks, it is clear that an inflection point has been reached – WSWS
- Pimco’s Fels Warns That the Worst Is Yet to Come for the Global Economy – Bloomberg
- Fears of corporate debt bomb grow as coronavirus outbreak worsens – Washington Post
- International Markets Regained Ground After The Worst Day In 12 Years – Stock Market News
- Why U.S. shale oil producers are the real target in the Saudi-Russia price war – MarketWatch
Americas:
- 20 leading economists just signed a letter arguing Medicare for All would generate massive savings for American families – Business Insider
- Coronavirus Exposes the Danger of Corporate America’s Debt Binge. A slowdown in consumer and business spending could send heavily leveraged companies into default. – Bloomberg
- The Fed needs to bail out the real economy — not big banks – Yahoo
- However You Slice It, the Geographic Disparity in Tech Jobs Is Growing – City Lab
- After Coronavirus triggered rate cuts, will Trump bailout US airlines? – BTC Lights
- Coronavirus: Trump pitches 0% payroll tax rate for the rest of 2020 – CNBC
- The US economy is dangerously dependent on Wall Street – Economo
Europe:
- Italy mortgage payments suspended – CBS News
- Is the EU really trying to force Apple to the technology set up they want? – Medium
- British Health minister tests positive for coronavirus – BBC
- France tells citizens cocaine cannot protect against coronavirus – Independent
- Greece closes down all schools, universities and learning institutions amid coronavirus fears – Greek Reporter
- Czech Republic closing schools, banning events to fight coronavirus spread – Reuters
Asia:
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- Japan’s economy contracted by 7.1% in Q4 2019, marking the largest decline since 2014 – Economo
- India’s embattled Yes Bank debt writedown to hit sector capital-raising – Reuters
- Myanmar Army Sues Reuters for Criminal Defamation – VOA News
- What world can learn from Taiwan’s coronavirus response: Aggressive measures starting in December saved Taiwan. Can (other countries) learn from them? – VOX
- China wants to take a victory lap over its handling of the coronavirus – CNN
- The coronavirus and trade war punish China, damaging its status as a source of growth – MarketWatch
Trans-Tasman:
- Australia’s economy was not in perfect health before the bushfires and coronavirus – ABC
- It’s official: the last five years were the warmest ever recorded – The Conversation
- Newstart to be axed. Replaced with “Job Seeker Payment” – Indaily
- Sports rorts: Scott Morrison sidesteps question about late changes to spreadsheet – The Guardian
- Christian Porter doesn’t understand insecure work can be scarier than coronavirus – The Guardian
- COVID19: Travel ban for Italy begins tonight – ABC
- Scotty Cam Paid 350k Tax-Payer Dollars To Do Nothing, Like He’s Some Sort Of Politician – Betoota Advocate
- French submarine program ‘dangerously off track’, report urges Australia to consider nuclear alternative – ABC
- Coronavirus could hit housing hard as Australia teeters on edge of recession – The Guardian
- Coronavirus response ‘a shambles’: Australian doctors and patients complain of confusing processes – The Guardian
- Coronavirus outbreak leaves employers facing reality of how to manage a COVID-19 shutdown – ABC
- National not planning a GST hike, but won’t rule it out – Interest.co.nz
- Orr rules out “knee-jerk” reaction from the RBNZ to coronavirus – Interest.co.nz