Global Macro / Markets / Investing:
- Economists propose response to COVID-19 rooted in unemployment assistance – Upjohn
- Dow plummets most since 1987 as Trump stimulus plan fails to materialize – Business Insider
- Airline stocks crushed after Trump announces Europe travel ban – CNN
- The Federal Reserve injects $1.5 trillion in an attempt to prevent the market turmoil – 7 Bitcoins
- Dow Drops 1,700 Points: Stocks In Meltdown After Temporary Trading Halt – NPR
- Stocks suffer worst losses since 1987 crash amid coronavirus panic – The Hill
- Oil slumps 6% as U.S. bans travel from Europe over coronavirus pandemic – Reuters
Americas:
- U.S. Labor Department allows unemployment benefits for Coronavirus – Reuters
- ‘Tax cuts are his answer for everything.’ Trump’s desired coronavirus payroll tax cuts met with pushback amid debate over stimulus package. – Newsweek
- U.S. senator threatens tech companies, says don’t block his child abuse bill – Reuters
- The Federal Reserve Needs to Cut Rates to Zero Now – Bloomberg
- The Fed is providing $1Trillion of liquidity?!! – Bloomberg
- Economists: 5 Massive Biden Tax Hikes Will ‘Crush’ the Economy – NewsMax
Europe:
- France bolsters financial aid for firms reeling from coronavirus – Ahram
- The German economy is suffering considerably from the consequences of the corona epidemic. 56.2 percent of companies are currently feeling the negative effects. – Welt
- Norway faces recession for the first time since the 2008 financial crisis – Economy
- European stock futures jump as Bank of England joins rate cut party – Channel News Asia
- Russia Political Analyst Predicts Agreement With Saudi Arabia Over Output Cuts – Forbes
Asia:
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- Mnuchin says IMF and World Bank funds won’t repay debts to China – Reuters
- Indian banking sector clobbered amid fallout from Yes Bank crisis – Nasdaq
- Italy and South Korea virus outbreaks reveal disparity in deaths and tactics – Reuters
- Virus Fears Subdue Japan’s Marking of 9 Years Since Triple Disaster – Kyodo News
- China’s first confirmed Covid-19 case traced back to November 17 – SCMP
- Chinese officials push conspiracy theory coronavirus originated abroad – The Guardian
Trans-Tasman:
- City of Hobart first in Australia to ban single use plastics in all food outlets – ABC Radio
- Australia PM Resists Pressure to Cancel Large Events Amid Virus – Bloomberg
- Scott Morrison has advised that gatherings of 500+ should be canceled from Monday, 16th March – ABC
- Qantas Airways will pay back millions of dollars to hundreds of corporate and administrative staff after admitting it had underpaid them for several years. – The SMH
- Sydney family trapped in Wuhan amid coronavirus lockdown sees their Centrelink payments cut – ABC
- Flight Centre will shut down 100 stores across Australia as the fallout from the lethal coronavirus pandemic continues – News
- Coronavirus will infect one in four Queenslanders in the next six months, chief health officer warns – ABC
- Scott Morrison believing in economic miracles, fibbing on the figures – New Daily
- Australian schools, offices should be closed immediately: Experts – The SMH
- Morrison’s trickle-down stimulus may not be enough to combat virus shock – The SMH
- Tougher border controls to be announced over the weekend – Interest.co.nz
- NZ Govt reports no new cases of coronavirus for 6th straight day as share market falls heavily – Interest.co.nz