Global Macro / Markets / Investing:
- The Negative Oil Price Apocalypse! – YouTube
- El-Erian Says Fed Buying Stocks Will Lead to ‘Zombie’ Market – Bloomberg
- Peter Schiff: The Dollar’s Days Are Numbered – Gold Newsletter
- Is this the end of Airbnb? Or the lead-up to a smaller but better Airbnb? – Wired
Americas:
- Top economist: US coronavirus response is like ‘third world’ country – The Guardian
- Here are the largest public companies taking payroll loans meant for small businesses – CNBC
- Another 4.4 Million Americans Sought Unemployment Benefits Last Week – Stock Market News
- House approves a nearly $500 billion coronavirus relief bill. Here’s what’s in it – USA Today
- More than 80 million Americans received stimulus checks last week. But top Democratic economists say the government should be doing even more to fight coronavirus. – Business Insider
- Coronavirus is revealing how broken America’s economy really is – The Guardian
- Another Small Business Headache: Some Employees Are Asking To Be Laid Off Thanks To Higher Unemployment Benefits – Forbes
- Here Are The Four Current Stimulus Proposals That Could Put More Money Into Your Pocket Through The Pandemic – Brobible
- Record U.S. jobless claims wipe out post-Great Recession employment gains – Reuters
Europe:
- “No lines, no crowds”: Germans stay home as stores reopen – Reuters
- Europe’s Economy was Hit Hard Too, But Jobs Didn’t Disappear Like in the U.S. – NPR
- The ECB will buy junk bonds in support of the most vulnerable economies – Economo
- 50 percent of German companies have sent their employees into short-time work – Interview Welt
- UK launches massive bond sales to fund Covid spending surge – Malay Mail
- Eurozone economic activity reported an unprecedented decline in April – Economo
- Eurozone economy suffers ‘unprecedented’ collapse, Trump blamed – Yahoo
Asia:
Advertisement
- Governments are paying companies to move their manufacturing out of China – QZ
- Lawmaker to Introduce Bill Forbidding Chinese Takeovers of US Companies Amid Pandemic – The Epoch Times
- Starbucks, McDonald’s Among 19 Firms to Test China’s Digital Yuan – Coin Desk
- China’s rust belt struggles to revive virus-hit economies as brain drain continues – SCMP
- Spain ships back faulty coronavirus tests made in China, demands a full refund – Mazech Media
- Trade between China and Africa dropped 14% in the first quarter and could get worse – QZ
Trans-Tasman:
- Australia’s coronavirus tracing app’s data storage contract goes offshore to Amazon – ABC
- Scott Morrison says social distancing rules do not apply to school classrooms – SBS
- Look at the US and the UK and be glad we’re not like them – The SMH
- Coalition is aiming to change Australia’s environment laws before review is finished – The Guardian
- Coronavirus risks widening intergenerational economic divide – ABC
- Predictions house prices could fall by 30 per cent in worst-case scenario as coronavirus restrictions bite – ABC
- “How Are We Still Essential?” Workers At Huge Entertainment Chain JB Hi-Fi Are Scared About Safety – BuzzFeed
- Some states could ease coronavirus restrictions before others – New Daily
- Scott Morrison says JobSeeker payment will be cut after pandemic – SBS
- Solar Victoria expands battery rebate scheme to pave way for VPPs – One Step Off the Grid
- Coronavirus pandemic sees Australian manufacturing partnership make cheaper ventilator in four weeks – ABC
- Auckland Mayor Phil Goff proposes axing 1100 contract workers as part of major cost cutting exercise – Interest.co.nz
- We don’t have markets anymore – Interest.co.nz
- 7000 more people got Jobseeker Support last week; Only 56 wage subsidy recipients asked to repay money – Interest.co.nz
-
Advertisement
Other:
