Global Macro / Markets / Investing:
- The Coronavirus Oil Shock Is Just Getting Started – Foreign Policy
- A flood of corporate debt could make the economic recovery more difficult – CNN
- Global Economy Hit by Record Collapse of Business Activity – WSJ
- Nobel Prize-winning economist James Heckman says current research in the field of inequality is “shoddy.” – Medium
- Why we may have already seen the peak in oil demand – FT
- The Fed Should Go Negative Next Week – Bloomberg
- “Black Swan” author Nassim Taleb on warnings over systemic risks from global pandemics – CNBC
Americas:
- The financial risk to U.S. business owners posed by COVID-19 outbreak varies by demographic group – Pew Research
- With Millions Unable to Pay for Housing Next Month, Organizers Plan the Largest Rent Strike in Nearly a Century – The Intercept
- Canada Has So Many Houses For Sale Under $50K & They’re Surprisingly Huge – Narcity
- Here’s why you can’t find frozen fries, while U.S. farmers are sitting on tons of potatoes – Reuters
- $1 Trillion Coins, A Digital U.S. Dollar, And A U.S Debit Card System – How The COVID-19 Emergency May Change How Americans Spend Money – Forbes
- Panic of 1819: America’s First Great Depression – Economic Historian
- Who Has Enough Cash to Get Through the Coronavirus Crisis? – NY Times
- What happens , step-by-step, to the money for loans “returned” to the government? – The Guardian
- U.S. Economy May Have Hit the Coronavirus Bottom – Bloomberg
Europe:
- The budget deficit of the Netherlands could rise to 11.8% of GDP – Economo
- Is there deflation or inflation in our future? – Vox EU
- Russian Central Bank has cut interest rates by half a percentage point – Economo
- Germany’s business climate collapsed catastrophically – Economo
- Christine Lagarde: The ECB didn’t discuss helicopter money at all – Economo
- Europe’s Economy Was Hit Hard Too, But Jobs Didn’t Disappear Like In The U.S. – NPR
Asia:
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- Japan to subsidize 100% of salaries at small companies – Nikkei
- China’s Second-Quarter Rebound Already Losing Steam, Data Show – Yahoo
- China faces fight to hang onto foreign manufacturers as US, Japan, EU make Covid-19 exit plans – SCMP
- India’s forex reserves surge $3.09 billion to $479.57 billion in a week. – Money Control
- Jack Ma: The man trying to stop the virus (and fix China’s image) – BBC
- China Pressured EU to Drop COVID Disinformation Criticism: Sources – Reuters
Trans-Tasman:
- Coronavirus restrictions to ease in Queensland from next Friday – ABC
- Have you noticed the billionaires are quiet … about some things? – New Daily
- Crowds hit Sydney beaches again, drawing more concerns about coronavirus social distancing – ABC
- How the lives of poker machine addicts have improved during the coronavirus lockdown – ABC
- JobReaper: flaws in JobKeeper Scheme leave businesses and workers high and dry – Michael West
- Children turned away from childcare under new free scheme – The SMH
- Chinese Government official slams Australia’s push for an investigation into the coronavirus outbreak – ABC
- WA eases some coronavirus restrictions, but keeps borders closed – ABC
- Student-activist warns of ‘chilling effect’ after China’s patriotic media singles him out – The SMH
- Booming fly population making life difficult on outback stations – ABC
- Warnings Australia’s far-right could exploit the coronavirus pandemic – SBS
- NSW Health report tracking coronavirus cases in schools finds no teachers infected by students – ABC
- ‘Resetting our economy and society into a sustainable future’ – Interest.co.nz