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Albert Tucker, ‘Image of modern evil’, 1945, National Gallery of Victoria
Macro & Markets
- China debt: bond problems could still resurface in 2020 after defaults amid coronavirus lower than expected – SCMP
- The Great Depression, coronavirus style – AsiaTimes
- Donald Trump says the US is ‘terminating’ its relationship with the World Health Organisation – SCMP
- Donald Trump says US to end Hong Kong trade privileges as ‘it is no longer autonomous from China’ after new security law introduced by Beijing – SCMP
- Deflation is even bigger growth killer than coronavirus – Economo
- World’s richest countries will take debt of another 17 trillion USD because of the coronavirus – Economo
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Americas
- George Floyd’s death set off uprisings across the country – Vox
- George Floyd killing: Protests spread across the US – DW
- Canada’s GDP in April fell a record 11% as economy shut down – RTE
- Protesters Called Minneapolis Officials’ Bluff on “Investigating” George Floyd’s Killer – Slate
- We Wasted Our Chance for a Quick Economic Recovery – Slate
- Trump Is the Looter: The president is exposing problems in America that most did not want to see. – The Atlantic
- The Conspiracy Theories That Fueled the Civil War – The Atlantic
- Coronavirus: Trump terminates US relationship with WHO – BBC
- Vancouver model for money laundering unprecedented in Canada, B.C. inquiry hears – CBC
- What Happened to America’s Mayor? – Rolling Stone
- Are Jobs Returning In Reopened States? – FiveThirtyEight
- Housing market will feel effect of COVID-19 until 2022, CMHC says – CBC
- US in the spring of the pandemic – Le Monde
Asia
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- India’s economic engine screeches to viral halt – AsiaTimes
- Mass unemployment the new normal in SE Asia – AsiaTimes
- Coronavirus: No more shared karaoke booths and massage chairs in China as Covid-19 takes the shine off sharing economy – SCMP
- China pledges largest-ever economic rescue package to save jobs and livelihoods amid coronavirus – SCMP
- Hong Kong residents leave, if they can – DW
- Hong Kong: China-US tensions put Asia’s financial hub at risk – DW
- Hong Kong offered a democratic lifeline – AsiaTimes
- Weak economy threatens China’s one-party system – DW
- How China Is Planning to Win Back the World – The Atlantic
- China-India border: Why tensions are rising between the neighbours – BBC
- China aims to achieve positive GDP growth in 2020 – AsiaTimes
- Yuan back from the brink? Too early to tell – AsiaTimes
- Hong Kong: China slams ‘senseless’ US and UK move – DW
Europe
- EU not in mood to follow Donald Trump into China conflict over Hong Kong national security law – SCMP
- Half of Britain is broke – and the other half is richer than ever – Guardian
- Hong Kong: What is the BNO and what does the UK move mean? – BBC
- Household savings soar as consumers stop spending – Irish Times
- Russian OFZs are an Emerging Markets investor’s safe haven – BNE Intellinews
- Portugal expects a ‘substantial change’ in its finances after posting its first surplus in 45 years – CNBC
- The European Union Is on the Brink of Historic Change – Bloomberg
- Boris Johnson Gets a Hong Kong Reality Check – Bloomberg
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Terra Specufestorus
- Australia began anti-dumping probes into Chinese aluminium, steel and A4 paper in 2020 – SCMP
- Insurer Partners Life warns of suicide threat from business closures – Stuff
- What should we do with the $60 bn left over from JobKeeper? – Pearls and Irritations, Keating
- Global Talent Independent Visa: Permanent residence in a week or two – Pearls and Irritations, Rizvi…but how many businesses actually need employee skills they can’t get in Australia at the moment?…
- The mess of Australia-China relations – Pearls and Irritations, Mackerras
- Hidden Reality of Australia-China Relations – Pearls and Irritations, Carr
- JobMaker: sloganeering won’t fix a VET system gouged by profiteers – Michael West, Mackenzie
- Revolving Doors: want a high-paid job at the bank? Become a politician – Michael West, Foote
- Coalition told robodebt ‘no longer viable’ and should be abolished, leaked advice reveals – Guardian
- Australian government asks China for same reduction in trade barriers as US – Guardian
- Morrison government will push on with IR reform even if unions and employers can’t agree – Guardian
- No cash can repay the debt from this base politics – Ninefax
- Bean counters believe nation can dodge depression, but no sharp rebound – Ninefax, Gittins
- Warnings 800,000 construction and tourism jobs could go without extended government coronavirus support – ABC
- News Corp going digital is the latest sign of the Murdoch empire’s struggles – ABC
- $60 billion JobKeeper shortfall should be spent, economists argue – ABC
- Can Australia build its way out of the coronavirus economic slump, with public housing the priority? – ABC
…and furthermore…
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- A crash landing for global air transport firms – AsiaTimes
- Is capitalism a runaway car veering off a cliff? – DW
- Regulatory arbitrage and the G20’s global derivatives market reform – VoxEU
- 9 Historical Triumphs to Make You Rethink Property Destruction – Rolling Stone
- What we’re missing when we condemn “violence” at protests – Vox
- Authoritarian Governments Are Calling Out American Hypocrisy Over Minneapolis – Slate
- Are We on the Verge of a Cold War With China? – Slate
- It’s Not Too Late to Avoid Another Depression – Slate
- The Actual Problem With Saying “Human Capital Stock” – Slate
- The secret to a long and healthy life? Eat less – BBC
- Neoliberalism: IT’S TIME for progressive fiscal policies Part 1 & Part 2 – Pearls and Irritations, Tan
- COVID-19 and non-performing loans: Lessons from past crises – VoxEU
- Booming economies foster the spread of communicable disease – VoxEU
- Markets not paying attention to climate crisis, IMF says – Guardian
- Is China overtaking the US as a financial and economic power? – Guardian