Global Macro / Markets / Investing:
- Virus lays bare the frailty of the social contract. Radical reforms – such as basic income and wealth taxes – are required to forge a society that will work for all. – FT
- World at risk of second Great Depression, says Chinese central bank – SCMP
- The Effects of COVID-19 on the World Economy – artisynq.com
- Globalization is the best cure for a sick planet – Economo
- Economic panic: Expert warns of ‘virus-driven ICE AGE’ as markets plummet – Express
Americas:
- Bullard: Economy not in free fall despite 32% unemployment projection – CNBC
- Great Depression Unemployment Level Would Wipe Out 40 Million US Jobs – 247 Wall Street
- Ontario stops non-critical industrial construction to fight Coronavirus Covid-19 – Canada Forums
- Why the Trump Administration Won’t Be Able to Make the Stimulus Work – Politico
- Trump could impose ‘very substantial’ tariffs on oil imports, but doesn’t think he’ll need to do so – CNBC
- Brace for the ‘deepest recession on record,’ says BofA analysts, as jobless claims surge to 6.6 million – Market Watch
- U.S. dairy farmers dump milk as pandemic upends food markets – Reuters
Europe:
- UK: ‘Dogfight’ looms as landlords start suing restaurants over unpaid rent – This is Money
- UK Prime Minister rushed to hospital due to persistent coronavirus symptoms – Mazech Media
- Hungary prepares a 30 billion USD package of measures to support its economy – Economo
- The German economy may contract this year more than in 2009 – Economo
- Russia Press U.S. To Coordinate Oil Cuts, Pushing Up Prices – Stock Market News
- UK mobile phone mast fires are being investigated amid conspiracy theories claiming a link between 5G and coronavirus – BBC
Asia:
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- How the greedy ruling elite failed us, by putting profit before pandemic preparedness – SCMP
- India: world’s largest coronavirus Covid-19 lockdown continues – Igorb News
- China Releases Jailed Human Rights Lawyer Wang Quanzhang – BBC
- Hong Kong Orders Bars to Close as it Ramps Up Social Distancing – VOA News
- North Korea’s Virus-Free Claim “Impossible,” Top US General Says – VOA News
- Malaysia Arrests Thousands Amid Coronavirus Lockdown – VOA News
Trans-Tasman:
- Coronavirus: Australian Scientists Find Drug That ‘Completely Stops’ COVID-19 From Replicating – Stock Market News
- During the Great Depression, many newspapers betrayed their readers. Some are doing it again now – The Conversation
- Real estate agents trade tips on getting laid-off tenants to pay up – New Daily
- We are witnessing a cultural bloodbath in Australia that has been years in the making – The Guardian
- Ruby Princess linked to 11th Covid-19 death as criminal investigation launched – as it happened – The Guardian
- Is capitalism dying or just in isolation during the coronavirus pandemic? – ABC
- NSW nurses told not wear scrubs outside of hospital due to abuse over coronavirus fears – ABC News
- Australian scientists develop rapid COVID-19 immunity test – 7News
- ‘Is a Maccas run essential?’ Confusion about when it’s OK to go outside – The Age
- Healthcare workers to be given free accommodation under $20m ‘hotels for heroes’ plan – The Age
- Coronavirus numbers: Graph shows Australia becoming ‘rare’ virus example – News.com.au
- RBNZ provides more liquidity support with local government bond purchase offer – Interest.co.nz
- Consumer debt shock imminent – Interest.co.nz