Global Macro / Markets / Investing:
- IMF Slashes Global GDP Forecasts, Warning Of An Economic Crisis ‘Like No Other’ – Forbes
- Global stocks plunge as investors weigh report on US considering new tariffs on the EU and UK – Business Insider
- Forget UBI, says an economist: It’s time for universal basic jobs – LA Times
Americas:
- GNC files for bankruptcy and will close up to 1,200 stores – CNN
- Trump tariffs are set to cost U.S. households $2,000 in 2020, research group finds – Yahoo
- Why Do We Pay So Many People So Little Money? – NY Times
- The US aims to reimpose tariffs on aluminum imports from Canada – Economo
- Trump’s latest moves aren’t exactly a winning economic — or reelection — strategy – CNN
- Millennials Can’t Afford Homes After Exiting the Basement – Bloomberg
Europe:
- EU pushing ahead with digital tax despite U.S. resistance – Politico
- The German economy is likely to shrink by 6.5% this year – Economo
- German businesses hope for economic recovery by the end of the year – Economic Daily
- The US prepares tariffs on European imports worth 3.1 billion USD – Economo
- The high level of corporate debt is a systemic risk for the French economy – Economo
- Should Denmark and Sweden join the banking Union? – Bruegel
Asia:
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- The US Defense Department has determined that 20 top Chinese firms, including Huawei, are either owned by or backed by the Chinese military – BBC
- China and America Are Heading Toward Divorce – NY Times
- China loses appetite for salmon, seafood on virus contamination worries – Reuters
- China: City to let people getting married see their partner’s abuse history – BBC
- Thailand Pro-democracy Protesters Mark End of Absolute Monarchy – Reuters
- India Expels Dozens of Pakistani Diplomatic Staff – BBC
- North Korea “Suspends Military Action” Against South – BBC
Trans-Tasman:
- Latest $84 million cuts rip the heart out of the ABC, and our democracy – The Conversation
- Up to 11,000 renewable energy jobs could be lost under Morrison government policies – The Guardian
- Sydney motorists to be slugged up to $6.95 to use motorway that used to be free – ABC
- ADF to send 1,000 personnel to assist Victoria in coronavirus response – ABC
- Senator calls for ASIC probe into Holden over ‘potential phoenixing’ – WA Today
- Anthony Albanese vows to set new medium-term emissions reduction target – The Guardian
- Victoria’s coronavirus reproduction number climbs to 2.5 – ABC
- Anti-cheating unit to crack down on ‘essay factories’ in Australian universities – ABC
- Government to look at how to fill the void left by 50,000 working holiday-makers – ABC
- Mortgage borrowing surges after lockdown – FHBs borrow up large – Interest.co.nz
- Falling house prices and lower interest rates are making life easier for first home buyers – Interest.co.nz
- RBNZ still leaving plenty of room for negatives – Interest.co.nz