Global Macro / Markets / Investing:
- Crumbling economies must tackle tax evasion to meet coronavirus crisis, experts warn – ICIJ
- ‘I’m Just Living a Nightmare’: Oil Industry Braces for Devastation – NY Times
- The Failures of Neoliberalism Are Bigger Than Politics – rooseveltinstitute.org
- Coronavirus stimulus will be wasted on fossil fuels: Oil and gas companies are in long-term decline. – VOX
- What the Negative Price of Oil Is Telling Us: We’re in a deflationary moment that surpasses anything seen in most people’s lifetimes. – NY Times
Americas:
- Poll: 43 percent of Americans have lost jobs or wages due to coronavirus outbreak – The Hill
- 3 Million Americans Are Not Paying Their Mortgages Right Now – Stock Market News
- Lawsuit claims 10 big banks rigged market for ‘odd-lot’ U.S. corporate bonds – Reuters
- U.S. Housing Market Is a Ticking Time Bomb as March Sales Plunge – Crypto Price
- Your Coronavirus Small Business Loan Is Going Into Investor Portfolios – Look Law Firm
- Scores of US public companies take small business rescue funds – FT
- 3 million Americans skip mortgage payments, but Fannie Mae and Freddie Mac will cut mortgage servicers a break – Market Watch
Europe:
- Denmark and Poland are refusing to bailout companies registered in offshore tax havens. – Business Insider
- EU Coronavirus Economic Crisis: Spain proposes 1,5 trillion euros fund for hardest-hit countries – Balkans
- Turkey imposes a duty on manufactured goods to protect local producers – Economo
- Racing against COVID-19: a vaccines strategy for Europe – Bruegel
- ‘UK youth employment prospects crumbling’ in coronavirus crisis – The Guardian
Asia:
Advertisement
- China Called Out in U.S. Warning Over Emerging Market Investing – Bloomberg
- The US and China Want a Divorce, but Neither Can Afford One – Wired
- Taiwan’s early success against coronavirus cushions economy – FT
- China’s virus credit push struggles as small banks weigh lending risks – SCMP
- IMF forecasts India’s growth rate could top 7% in 2021 if the coronavirus outbreak is brought under control – CNBC
- China economy enters vicious circle as business cuts crush demand – Nikkei
Trans-Tasman:
- Coronavirus is a dress rehearsal for what awaits us if governments continue to ignore science – The Guardian
- Doctor evicted over coronavirus fears after she refused to stop ‘essential’ hospital work – ABC
- Australia’s high University fees ‘not viable’ after pandemic – Times Higher Education
- Australian ‘backdoor law’ forces a cloud rethink at New Zealand’s Parliament – Arnnet
- Australia has a fuel problem — and coronavirus has handed us an opportunity to fix it – ABC
- Australia’s Cannabis Industry Projected at $1.5 Billion by 2024 – Pondering Pot
- Locust plague begins to strike farms in western New South Wales – ABC
- JobKeeper: Shop owner’s blunt texts to employee over $1500 payment – News.com.au
- ‘Bad neighbour’: will the cruise industry resume its rise in Australia after coronavirus? – The Guardian
- Now is not the time to cut capital spending to lower rates – Interest.co.nz
- How the Government is funding its massive increase in spending – Interest.co.nz
- Farm sales volumes and prices both down compared to a year ago – Interest.co.nz
- House prices rose more than rents in the first quarter of the year, pushing down rental yields – Interest.co.nz