Global Macro / Markets / Investing:
- Note to employees loving their WFH set-up: Your jobs may be outsourced to remote workers in other countries – Financial Post
- Microsoft goes entirely digital as it decides to close all it stores for good – The Print
- The Second Great Depression – MSN
- CEO compensation has grown 940% since 1978 – EPI
- Junk Bonds Topple Monthly Sales Record in ‘Party Like No Other’ – Yahoo
- Global stock market rally is a gamble, IMF warns investors – The Guardian
Americas:
- NYU Professor predicts hundreds, if not thousands, of US universities will close their doors for good next year due to financial impact of Coronavirus – Prof Galloway
- Credit card industry reins in balance-transfer offers as banks from JPMorgan to Amex fear defaults – CNBC
- “45 million borrowers who collectively owe nearly $1.6 trillion in student loan debt in the U.S.” – Forbes
- Why the American Consumer Has Fewer Choices—Maybe for Good – WSJ
- Feds water down Volcker Rule restrictions – NY Post
- A Massive Wave Of Student Loan Defaults Is Coming – Forbes
- Highly skilled migrants are no longer welcome in America. Maybe – Economist
- Americans’ paychecks are getting smaller, but their spending is soaring. Huh? – CNN
Europe:
- One rule to ring them all? Europe’s financial markets after Brexit – Bruegel
- Europe could run out of oil in 2030, says Shift Project – Business Devil Hunter
- Redefining Europe’s role after the Covid-19 Pandemic – Bruegel
- Europe’s job retention schemes have created 9 million ‘zombie jobs,’ analyst warns – CNBC
- Should Denmark and Sweden join the banking Union? – Bruegel
- Brits will have to live with it, says Merkel while Johnson repeats threat to walk away – Independent
Asia:
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- China Should Join Trade Deal the U.S. Abandoned (TPP) – Bloomberg
- Cracks appear at the grass roots of China’s banking system with two bank runs – SCMP
- China loses WTO dispute over market economy status – Hellenic Shipping News
- Thailand Targets Narco Millions Hidden in Gold, Steel and Crypto – Channel News Asia
- ‘Expansionist monster’ China needs to be exposed like Nazis were during World War II – The Print
- The man who documented China’s cultural revolution – BBC
Trans-Tasman:
- Australia’s Bushfires Are Extinguished, But Its Economy Burns – Tidings Blog
- Queensland Police investigating top Chinese diplomat in Brisbane for allegedly inciting violent threats against Australian university student – News.com.au
- COVIDSafe app has not detected a case despite 6 million downloads – The SMH
- Defence Force applications through the roof as job market crumbles – The Age
- Western Sydney facing planning ‘nightmare’ because of lack of jobs, report warns – ABC
- Reports JobSeeker will rise by $75 a week ‘factually incorrect’, Minister says – ABC
- Changes in the composition of Australian labour force due to Covid-19 – Medium
- ‘Take action now’: Call to open borders to au pairs – Brisbane Times
- Landlords tipped to claim billions more in tax losses as homes sit vacant – The SMH
- Scott Morrison says ‘not unreasonable’ for Australia’s borders to remain shut until mid-next year – SBS
- Greens propose wealth tax, new income tax brackets and a ‘Guaranteed Minimum Income’ – Interest.co.nz
- No to user-pays Covid-19 quarantines – Interest.co.nz