Global Macro / Markets / Investing:
- It’s morally repulsive how large corporations are exploiting this crisis. Workers will suffer – The Guardian
- Dow futures plunge the 5% limit as coronavirus slams market, Fed official warns unemployment could hit 30% – MarketWatch
- COVID-19 And Truck Driver Shortage May Threaten Food Supply Chain – Forbes
- Coronavirus Recession Looms, Its Course ‘Unrecognizable’ – NY Times
- Michael Hudson: A Debt Jubilee is the Only Way to Avoid a Depression – Naked Cap
- The Dow is on pace for its worst month since the Great Depression, but here’s why all hope isn’t lost amid the coronavirus crisis – MarketWatch
- Coronavirus Will Change the World Permanently. Here’s How. – Politico
Americas:
- Senate Democrats on Coronavirus: If You Lose Your Job, Dems Want To Give You Full Pay – Bipartisan Press
- Bloomberg: “U.S. Jobless Rate May Soar to 30%, Fed’s Bullard Says” – Bloomberg
- Minting Basic Income – US Lawmaker Asks Treasury to Issue Two $1 Trillion Coins With No Debt – News Bitcoin
- U.S. Economy Could Contract by 24% Next Quarter, Goldman Sachs Says – Barron’s
- The government budget deficit is about to explode to fight the coronavirus – CNBC
- Unemployment Headed For 40-Year High—And Trump Reportedly Tells States Not To Release Data – Forbes
Europe:
- Coronavirus: Italy escalates lockdown measures again as toll nears 5,500 – The Guardian
- Western sanctions soften the impact of the pandemic on Russia’s economy – Economo
- Greece Goes on Coronavirus Lockdown – Greek Reporter
- Germany to treat critically ill from virus hotspot in eastern France – France24
- Germany set to ban evictions from April 1st-September 30th for those who cannot afford rent due to coronavirus – The Local
- Germany bans meetings of more than two people in public – JPost
Asia:
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- Japan Says Tokyo Olympics May Be Postponed Due to Coronavirus – Reuters
- Malaysia Deploys Army as Coronavirus Curbs Spread Across Southeast Asia – Reuters
- India Starts 14-Hour Curfew to Curb Coronavirus Spread – Reuters
- Foreign Ministers of South Korea, China, Japan Support Tokyo Holding “Complete” Olympics – Reuters
- Chinese Economy Normalizing But Start Risks Remain: International Monetary Fund – Reuters
Trans-Tasman:
- Coronavirus response called off after 3% of scientists declare it not a threat – Chaser
- Queensland records highest daily coronavirus tally, teachers union calls for schools to close – ABC
- Coronavirus concerns mean NSW Premier tells parents to keep children home from school – ABC
- Harvey Norman raking in cash from panic-buyers – “Why are we so scared about getting this virus?” – The Chronicle
- Cruise ship with more than 250 suspected COVID-19 patients steams for Fremantle – WA Today
- Victoria Police taskforce to enforce coronavirus shutdown – ABC
- Australian athletes told to plan for Olympics to be postponed due to coronavirus pandemic – ABC
- Coronavirus panic buying triggers supermarket price hikes as retailers plead for calm – ABC
- What is COVID-19 doing to our mental health? – University of Melbourne
- NSW has shutdown just in time to avoid overloading ICU capacity – Medium
- ‘Coughing, sneezing all around:’ Cruise ship passengers told to carry on before disembarking in the middle of central Sydney – The SMH
- COVID-19 alert bumped to Level 3; Will move to Level 4 in 48 hours; Fiscal support expanded – Interest.co.nz
- RBNZ launches quantitative easing – Interest.co.nz