Sunday Supplement: 19 April 2020

‘Evening, St Kilda Road’, Circa 1930, Clarice Beckett, Art Gallery of NSW

Macro & Markets

• The Road to Reopening the Economy Is Still Long – Bloomberg
• The WHO’s coronavirus response shows that the organisation is broken, but fixing it must wait – SCMP
• Asian LNG prices sink again as coronavirus disrupts demand – Reuters
• Coronavirus has destroyed the myth of the deficit – Guardian, Nersisyan & Wray
• A Wild Ride for Global Supply Chains Captured in Seven Charts – Bloomberg
• A double recession? Economies risk debt crises after stimulus spending – CNBC

Asia

• ‘It will come back to haunt us’: inside warnings against China’s ‘Wolf Warrior’ coronavirus diplomacy – SCMP
• China GDP: Bleak outlook for economic recovery post-virus – BBC
• What influence does China have over the WHO? – DW
• How China Sees the World: And how we should see China – The Atlantic
• Saudi Arabia Should Spend Like the Debtor It Is – Bloomberg, Fickling
• China fails to ease global ‘depression’ fears – Asia Times
• Xi fears Japan-led manufacturing exodus from China – Nikkei Asian Review
• What we can learn from the “second wave” of coronavirus cases in Asia – Vox

Americas

• U.S. announces $19 billion coronavirus aid for farmers, food buys for poor – Reuters
• The Spies Who Predicted COVID-19 – Project-Syndicate
• At Least 22 Million Americans Are Out Of A Job — And We Haven’t Hit Bottom – FiveThirtyEight
• 6 things the Federal Reserve can still do to fight the recession – Vox
• ‘They’re Death Pits’: Virus Claims at Least 7,000 Lives in U.S. Nursing Homes – NY Times
• The Trickle-Up Bailout: It’s early days, but the Federal Reserve “bazooka” has mostly impacted the 1% – Matt Taibbi

Europe

• When the coronavirus crisis is over, Britain owes its young people a decent future – Guardian, Toynbee
• EU state aid policies in the time of COVID-19 – VoxEU
• EU at ‘moment of truth’ after crisis divisions – Irish Times
• Universities facing huge losses due to fall in foreign students – Irish Times
• How likely is an extension to the Brexit negotiations? – NewStatesman
• Russia is flush with cash but preparing for the worst just in case – BNE Intellinews, Aris
• Spain’s jobless rate is set to surge much more than in countries like Italy – CNBC

Terra Specufestorus

• As Australia self-isolates from the world, economic recovery hangs in the balance – Ninefax, Megalogenis
• ‘I was caught up in a degrading and corrupt parody of democracy’ – Ninefax, Turnbull…Australia’s last PM states overtly the definitive perception of every Australian of their political process for more than a generation…
• Coronavirus app will not be forced upon Australians, Scott Morrison says – ABC
• As coronavirus threat slows the PM hints at how policy will be redrawn to match ideology – ABC, Tingle
• Politicians are demanding answers from China about coronavirus. Some want to take things even further– ABC
• Climate change likely to blame for dwindling Murray-Darling inflows, report finds – Guardian
• Don’t panic: Australia has truly excellent food security – The Conversation
• Overpaid university bosses cry poor as their foreign-student riches evaporate – Michael west
• Wet winter likely as speculation over La Nina and a negative IOD mounts – ABC

…and furthermore…

• Nasa to launch first manned mission from US in decade – BBC
• Bats: Secrets of the flying mammal – DW
• Oil and gas companies exploit coronavirus to roll back environmental regulations – DW
• The WHO Shouldn’t Be a Plaything for Great Powers – The Atlantic
• The Supermarket After the Pandemic – The Atlantic
• How Global Public Health Could Revive Multilateralism – Project-Syndicate…and make Australian public health an export?…
• Debt Relief Is the Most Effective Pandemic Aid – Project-Syndicate, Brown & Summers
• Negative interest rate policy in the post COVID-19 world – VoxEU
• Workforce demographics and the flattening of COVID-19’s curve of infections – VoxEU
• Big Government Is Bad for Productivity – Bloomberg, Shilling
• Why public procurement openness is more important now than ever – VoxEU
• Central banks must print money for nation rebuilding – Pearls & Irritations, Allan
• History shows future generations don’t need to suffer from government debt – Michael West
• To tackle the climate crisis, the world cannot return to normal after Covid-19 – New Statesman…my son is already touting the environmental effects as a major upside to coronavirus…

…and coronavirus…

• Coronavirus: drugs including remdesivir may prove effective before vaccine is available, South Korean expert says – SCMP
• The coronavirus pandemic is nature’s wake-up call to humans who have lost their Way – SCMP
• Coronavirus: five months on, what scientists now know about Covid-19 – Guardian
• A Wake-Up Call – Pearls & Irritations, Haigh
• Covid 19 coronavirus: Chinese doctor who discovered virus in Wuhan recounts first days of outbreak – NZ Herald