Isolation, Tim Storrier, 1978, Art Gallery of NSW
Markets & Macro
- The Federal Reserve Needs to Cut Rates to Zero Now – Bloomberg, Duy
- Bond Market Mayhem Lives On in These 10 Charts – Bloomberg
- The cost of coronavirus in terms of interrupted global value chains – Bruegel
- Three macroeconomic issues and Covid-19 – Bruegel
- Wall Street Gets Blindsided by the Coronavirus Meltdown – Bloomberg
- Fed bids to shore up confidence after worst week in 12 years – Guardian
- The information channel of monetary policy has disappeared in the US – VoxEU
- In oil crash, energy debt loads are not the immediate problem for most drillers – CNBC
- Here’s what could really sink the global economy: $19 trillion in risky corporate debt – CNN
- Global authorities have downplayed the health and economic threat of coronavirus — until now
- Public spending at the effective lower bound: The significance of sustainability risks – VoxEU
- Eight days that shook the oil market — and the world – FT
- Bond Markets on Red Alert for Policy Action After Historic Week – Bloomberg
Asia
- In ‘People’s War’ on coronavirus, Chinese propaganda faces pushback – Reuters
- Japan vows ‘bold’ step to beat virus fallout, signals big spending package – Reuters
- Coronavirus: Why did China’s multimillion dollar early warning system fail? – SCMP
- Chinese foreign ministry spokesman tweets claim US military brought coronavirus to Wuhan – SCMP
- PBOC Pumps $79 Billion to Banks for Virus-Weakened Economy – Bloomberg
- Two Women Fell Sick From the Coronavirus. One Survived. – NY Times….interesting comparison of the experiences of two Chinese medicos…..
- Coronavirus: Xi says the tide has turned, but people deserve the truth about China’s response – SCMP
- How has Taiwan kept its coronavirus infection rate so low? – DW
Americas
- Bank of Canada Cuts Rates in Coordinated Stimulus Package – Bloomberg
- As coronavirus chaos spreads globally, Trump declares U.S. emergency – Reuters
- Donald Trump declares US national emergency to deal with coronavirus response – SCMP
- Trump’s bid to calm crisis simply caused more financial chaos – Guardian
- Trump’s America risks repeating China’s early mistakes in coronavirus management – SCMP
- Trump halts interest payments on student loan debts during coronavirus pandemic – MarketWatch
- The 4 Key Reasons the U.S. Is So Behind on Coronavirus Testing – The Atlantic
Europe
- What does Britain know about coronavirus that the rest of Europe doesn’t? – CNN
- Gasification with CO2 storage reduces the costs of the EU’s zero carbon strategy by 40% – VoxEU
- Coronavirus: Cafe and bar jobs ‘gone by May’ if laws do not change – trade body – BBC
- Italy’s Nightmare Offers a Chilling Preview of What’s Coming – Bloomberg
- Putin’s historic oil misstep – DW
- Coronavirus in the UK: NHS faces perfect healthcare storm – DW
Terra Incognita
- New Zealand Says Almost Everyone Entering Must Self-Isolate – Bloomberg
- Taking US oil in a global crisis sounds good on paper, but it won’t do much for Australia’s energy security – The Conversation
- Viral spiral: the federal government is playing a risky game with mixed messages on coronavirus – The Conversation
- The Government’s Economic Response to the Coronavirus. – Pearls and Irritations, Michael Keating
- Don’t panic. The economy is fine. – Pearls and Irritations, Solomon…worth a read…
- View from The Hill: Coronavirus hits at the heart of Morrison’s government, with Peter Dutton infected – The Conversation
- ‘Cabin fever’: Australia must prepare for the social and psychological impacts of a coronavirus lockdown – The Conversation
- Coronavirus has forced politicians out of their ideological comfort zones – ABC…it is forcing neoliberalism and ‘management’ from their comfort zones…
- ‘They would have been slaughtered’: Coronavirus crisis causes capital freeze for Australian business – Guardian
- Australian stocks of coronavirus testing kits ‘rapidly deteriorating’, says chief medical officer – Guardian
…and furthermore…
- Coronavirus: global economy faces historical challenge, with pandemic ‘anxiety’ set to scupper growth – SCMP
- Unpleasant convergence: Country spreads in advanced and emerging economies – VoxEU
- Coronavirus and macroeconomic policy – VoxEU
- English football’s shutdown until April means season may never be completed – Guardian
- Keeping the lights on: Economic medicine for a medical shock – VoxEU
…and coronavirus…
- Coronavirus: Africa has few cases so far but ‘it’s just a matter of time’ before major outbreak – SCMP
- Coronavirus: China’s first confirmed Covid-19 case traced back to November 17 – SCMP
- South Korea’s coronavirus response is the opposite of China and Italy – and it’s working – SCMP
- COVID-19: Governments must avoid creating additional uncertainty – VoxEU
- It’s not exponential: An economist’s view of the epidemiological curve – VoxEU…some interesting charts here…
- A Made-in-China Pandemic – Project-Syndicate
- A Stress Test for Public Health Systems – Project-Syndicate, O’Neill
- Influenza kills more people than coronavirus so everyone is overreacting, right? Wrong — and here’s why – MarketWatch
- Sepsis — a common cause of death from coronavirus – DW
- Coronavirus vs the human immune system: how sneezes, coughs and fevers set the stage for brutal microscopic battle for survival – SCMP
- In the US coronavirus crisis the buck stops here – DW…real money laundering…
Sunday morning extra Coronavirus links
- Europe’s Borders Slam Shut as Coronavirus Cases Soar – Bloomberg
- Five Early-Warning Economic Indicators Show U.S. Virus Shock – Bloomberg
- Spain Declares National Lockdown to Fight Spread of Coronavirus – Bloomberg
- Latin America Announces Partial Lockdown Amid Coronavirus – Bloomberg
- Ex-Obama official warns US health system faces ‘tsunami’ over coronavirus – Ninefax
- Australian government launches coronavirus publicity blitz as country runs low on testing kits – Guardian
- Australian supermarkets limit sales of essentials to prevent coronavirus panic buying – Guardian
- Coronavirus pandemic: Geelong Grammar School to close all campuses – Ninefax
- More signs that coronavirus takes less of a toll on children – SCMP
- NSW public schools prepare for coronavirus shutdown – Ninefax
…..On the school closures I received a tipoff yesterday from a government source to the effect that there would be a public school closure announced in Victoria – possibly after a Prime Minister address to the nation on Monday morning – to take effect as of Monday evening (with children being told to take their books etc home, and schools being told to do what they could to support home/on-line learning). Some of you people are public service (State or Commonwealth) – if you have information and don’t mind sharing it can you beam an email to [email protected] (discretion is assured). G.