Global Macro / Markets / Investing:
- Experts’ best ideas on how to beat Covid-19 and save the economy – Vox
- IMF warns of further drop in global growth due to Covid-19 – The Guardian
- International Energy Agency Forecasts The Biggest Decline In Electricity Consumption Since The Great Depression – Stock Market News
- Global Economic Downturn – Today’s Downturn Is Comparable In Scale To That Of The 1930s – Stock Market News
Americas:
- Fed survey shows almost 40 percent of American households making less than $40k lost a job in March – The Week
- The U.S. Pay Gap: CEOs Vs The Average Joe – Commodity.com
- NY Fed index sees decline three times worse than the Great Recession – Axios
- Fed Chairman Jerome Powell warns of widespread bankruptcies in “prolonged” recession – CBS
- Want to actually help the economy? Bail out child care providers – LA Times
- Federal Reserve Warns Of A Possible Sustained Recession From Pandemic – Stock Market News
- Powell says negative rates not something Fed is looking at – FX Street
- Argentina is trying to tax its way out of another financial crisis – The Conversation
Europe:
- European Commission president warns state aid is ‘unlevelling the playing field’ in Europe — The Guardian
- German banks cheated on European Central Bank’s stress tests – DeCrypt
- ECB: Macroprudential regulation and leakage to the shadow banking sector – Europa
- The European Union’s post-Brexit reckoning with financial markets – Bruegel
- UK economy shrinks at fastest pace since 2008 – BBC
- The EU precarious employment is expected to rise due to the pandemic – Economo
Asia:
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- China’s Slow Economic Rebound from the Coronavirus Points to an Extended U.S. Slump – New Yorker
- China’s $1 Trillion Of U.S. Treasuries Are A Bet On Trump’s Casino That May Go Bust – Forbes
- PM Modi announces ₹20 trillion stimulus package to restart the Indian economy – Live Mint
- India is working on a Full-tax holiday/exemption for up to 10 years for firms willing to invest – Economic Times
- Coronavirus: is China prepared to handle an unemployment crisis? – SCMP
- China Economic Data Indicate V-Shaped Recovery Is Unlikely – WSJ
Trans-Tasman:
- Without migrant buyers, Australia’s property market is expected to struggle for ‘several years’ – SBS
- It’s official: The economy was weak before the COVID-19 crisis – New Daily
- Why do Australians go to work when they’re sick? They feel obliged – New Daily
- BuzzFeed pulls plug on UK and Australian news operations – The Guardian
- How the Murdoch press defended fossil fuel industry while Australia burned – Renew Economy
- Coronavirus tests brought to Australia by Andrew Forrest at $200m cost to taxpayers not being used – The Guardian
- ‘Dangerous, damaging’: China trade dispute triggers national division – The SMH
- Queensland Government moves to buy stake in Virgin Airlines – ABC
- More than half of Australians with symptoms not tested for COVID-19. – The SMH
- Australia should avoid ‘megaphone diplomacy’ with China over trade dispute – The Guardian
- No need to worry about government debt, says think tank – New Daily