Global Macro / Markets / Investing:
- “Research shows that college graduates who start their working lives during a recession earn less for at least 10 to 15 years than those who graduate during periods of prosperity.” – Stanford
- Coronavirus crisis could see wealth taxes implemented around the world, economist claims – CNBC
- Increase in unemployment hits older workers harder than prime-age workers – Market Watch
- IMF warns of further drop in global growth due to Covid-19 – The Guardian
- Global Economic Downturn – Today’s Downturn Is Comparable In Scale To That Of The 1930s – Stock Market News
Americas:
- For many Americans, health coverage is tied to a job — and now they have neither – PBS
- How Bad Is Unemployment? ‘Literally Off the Charts’ – NY Times
- U.S. landlords, retailers play hardball as mall rent collections plunge – Reuters
- Why 1.4 Million Health Jobs Have Been Lost During a Huge Health Crisis – NY Times
- The epic mistake about manufacturing that’s cost Americans millions of jobs – QZ
- These U.S. cities are best positioned to bounce back from the coronavirus pandemic, according to Moody’s – Yahoo
Europe:
- Italy’s industrial production fell by almost 30% – Economo
- Athens hotel ordered to demolish top floors blocking Acropolis view – The Guardian
- Watchdog slams EU agency for letting boss join lobby group – Politico
- Poll: Germans pin coronavirus blame on China – Politico
- ‘He is failing’: Putin’s approval rating slides as Covid-19 grips Russia – The Guardian
- Germany urged to confront Beijing at EU-China summit – DW
Asia:
Advertisement
- China’s purchases of US goods will fall way short of ‘phase one’ trade deal due to the Coronavirus, says think tank – CNBC
- Is Japan Pulling Its Companies out of China? – The Diplomat
- Coronavirus: is China prepared to handle an unemployment crisis? – SCMP
- Who’s decoupling from whom? China’s exports surge to other Asian countries – Asia Times
- China faces historic test as pandemic stokes fears of looming unemployment crisis – SCMP
- China’s relentless export machine moves up the value chain – FT
- China urged to focus on domestic economy in next five-year plan to counter more hostile world – SCMP
Trans-Tasman:
- Brendan Murphy says we need to permanently drop the ‘soldier on’ mindset and stop going to work sick. Is this realistic? – ABC
- Scott Morrison reverts to ‘politics as usual’ over sports rorts – The Guardian
- Australian beef processors suspended in China trade escalation – ABC
- No new coronavirus cases in NSW found for first time since pandemic began – ABC
- Keneally’s visa call is economic, not xenophobic – The SMH
- Scott Morrison denies misleading parliament over sports rorts saga – The Guardian
- Australia’s skilled temporary migration issue – Independent Australia
- Housing stimulus plan: Labor wants super funds, developers to lead – The SMH
- Upgrades on the cards as NBN Co secures extra $4 billion from banks – The Age
- Queensland tourism operators owed millions as Website Travel company asks for government bailout – ABC
- Thursday’s Budget to be huge, but not revolutionary – Interest.co.nz