Global Macro / Markets / Investing:
- We May Be Heading Towards a Post-Dollar World – Economic Policy Journal
- Global smartphone sales plummeted 20% in Q1, thanks to COVID-19 – Tech Crunch
- Oil prices rise ahead of OPEC+ meeting on output cuts – Reuters
- Goldman Sachs bets against the dollar as economies reopen – CNBC
- Negative interest is a tool, not a gift – Economo
Americas:
- The government shutdown spotlights a bigger issue: 78% of US workers live paycheck to paycheck – CNBC
- Salaries Get Chopped for Many Americans Who Manage to Keep Jobs – Bloomberg
- This Treasury Official Is Running the Bailout. It’s Been Great for His Family – Pro-publica
- The Congressional Budget Office estimates that the U.S. GDP will contract by $16 trillion over the next decade – Crypto Price
- A lost decade looms for America’s economy – CNN
- Remote Work Could Spark Housing Boom in Suburbs, Smaller Cities – WSJ
- Black Workers, Already Lagging, Face Big Economic Risks – NY Times
- U.S. Economy Faces Projected 10-Year Recovery From Coronavirus Effects – Stock Market News
Europe:
- France approves five billion euro emergency loan for Renault – TechXplore
- European markets head for lower open as U.S. protests shake confidence – CNBC
- EU Unveils New 750bn Euro COVID-19 Recovery Plan – Be In Crypto
- Europe’s economy is opening up, but the confidence of business and people has been suppressed – Economo
- Boris Johnson says 3m people in Hong Kong will get path to British citizenship – The Telegraph
- Belgium claws back €87 million from tax evaders – Brussels Times
Asia:
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- South Korea approves emergency use of Gilead’s anti-viral drug to treat COVID-19 – Reuters
- China’s digital currency moves ahead – Think China
- China’s Shift Away From Hard Growth Targets Hits Domestically and Globally – WSJ
- China delayed releasing coronavirus info, frustrating WHO – AP News
- China is not strong enough to pull off its bid for world dominance – Telegraph
- China delayed releasing coronavirus info, frustrating WHO – AP News
Trans-Tasman:
- Australians are saving more and spending less during Covid-19 – Medium
- UK may ask Australia to give residency to fleeing British Hong Kong residents – The SMH
- Matt Canavan says Australia doesn’t subsidise the fossil fuel industry, an expert says it does – The Conversation
- Kevin Rudd accuses UQ of appearing to ‘bend the knee to Beijing’ – Brisbane Times
- Australia in first recession in 29 years, Josh Frydenberg confirms – New Daily
- ‘Panic index’ shows Australians were the world’s best panic buyers – The SMH
- Calls for royal commission into robodebt and apology from Morrison government – The Guardian
- We fact checked Alan Tudge on foreign temporary workers. Here’s what we found – ABC
- Kiwis winning the mortgage wars – Interest.co.nz
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Quotable Value warns that house prices are teetering on a cliff edge – Interest.co.nz