Global Macro / Markets / Investing:
- Plastic bags were finally being banned. Then came the pandemic. – VOX
- Class of 2020 is entering worst job market since Great Depression – KTLA
- Rolls-Royce cuts 9,000 jobs as airlines turn off engines – Tech Xplore
- Behind Bond Market’s Stall, Investors See Hard Times Ahead – Stock Market News
Americas:
- 78% percent of Americans said they’d be willing to pay more for products if they are not made in China – Bloomberg
- About 15 million credit-card accounts and 3 million auto loans didn’t get paid in April as the coronavirus ravaged the economy – WSJ
- Senate passes bill that could delist Chinese companies from U.S. stock exchanges – Market Watch
- U.S. companies discover the dark side of a COVID-19 business boom – WE Forum
- COVID-19 outbreak exposes generations-old racial and economic divide in New York City – ABC News
- This is how fast Americans are spending their stimulus checks — and here’s a breakdown of what they’re buying – Market Watch
- Americans are in financial trouble — why $1,200 stimulus checks are only a Band-Aid – Market Watch
- Canada’s inflation rate dips 0.2% in April for the first time since 2009 – Global News
- Venezuela to Sue Bank of England for Theft of 31 Tons of Gold – Treasure English
Europe:
- The UK just sold its first ever negative-yielding government bond – CNBC
- France announces first successful test of a digital euro – DeCrypt
- The acceleration of the EU inflation continues slowing down in April – Economo
- How European workers are reinventing themselves during lockdown – Politico
- Germany has provided more than 50% of EU state aid to deal with the coronavirus crisis – Economo
- Russia’s economy contracted by a quarter in April – Economo
Asia:
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- China Inc. rethinks US listings as scrutiny tightens: Mainland exchanges roll out welcome mats while Wall Street shuts doors. – Nikkei
- China stands pat on benchmark rate, signals brief pause in easing efforts – Reuters
- China’s New Outbreak Shows Signs that Coronavirus Could Be Changing – Japan Times
- Japan upgrades Taiwan to “extremely important partner” in this year’s annual foreign policy report – Nikkei
- China says Pompeo’s congratulations to Taiwan president has seriously damaged relations – Fox News
- Taiwan president rejects Chinese rule, calls for talks so both countries can coexist – CBC
- Over 100 Million in China’s Northeast Face Renewed Lockdown – Bloomberg
Trans-Tasman:
- Just $9m of Coalition’s $150m fund for female sport and swimming pools delivered – The Guardian
- Leaked Covid-19 commission report calls for Australian taxpayers to underwrite gas industry expansion – The Guardian
- Government’s COVID Commission manufacturing plan calls for huge public gas subsidies – ABC
- Greens push to retain JobSeeker rate as their COVID recovery plan is revealed – SBS
- Employer groups call for reform after court finds casual workers may be owed paid leave – The Guardian
- When the Coronavirus Supplement stops, JobSeeker needs to increase by $185 a week – The Conversation
- Rents fall as landlords struggle to fill vacant properties during Australia’s coronavirus crisis – The Guardian
- NSW to fast-track foreign students’ return to universities – Daily Telegraph
- Casual workers win big on annual leave, sick leave in landmark ruling – The Age
- Labor attacks coalition on China relations – The Leader
- University of Queensland holds hearing behind closed doors to consider expulsion of student involved in China protest actions – ABC
- Job ads start to lift but CBDs could take six years to fill again – The SMH
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