Global Macro / Markets / Investing:
- Federal Reserve’s $3 trillion virus rescue inflates market bubbles – Yahoo
- It’s time for investors to stop buying stocks that are ‘stunningly decoupled’ from reality, economist warns – MarketWatch
- Federal Reserve’s $3 trillion virus rescue inflates market bubbles – Reuters
- The crisis is the perfect time to raise wages – Economic Daily
- Bridgewater ‘manufactured false evidence’ in trade secrets case – FT
- Lockdown, relax, repeat: how cities across the globe are going back to coronavirus restrictions – The Conversation
Americas:
- America’s Jobless Are About to Lose Their $600-a-Week Lifeline – Bloomberg
- Senate Democrats push to extend enhanced unemployment benefit until jobless rates fall – CNBC
- Verizon’s alternative to layoffs: Retraining 20,000 workers – WSVN
- Minimum wage workers cannot afford rent in any U.S. state – CNBC
- Ex-Uber employees are being surprised by big tax bills. They blame the ride-hailing company. – NBC
- California’s new lockdown could be brutal for U.S. and global economy – KTLA
- California’s coronavirus U-turn a ‘devastating’ hit to economy – OC Register
Europe:
- Bundesbank: The German economy has begun to recover from the pandemic – Economo
- EU consumption is recovering but exporters remain under pressure – Economo
- UK house prices fell at the fastest pace since the financial crisis – Economo
- A record low number of people in the EU started working in the first quarter – Economo
- Germany and The Whole European economy on the verge of a Disastrous Economic Cliff Edge – Patrick Mercer
- German economic recovery is still in its early stages – Finances Herald
- ‘Worst-case’ UK winter could see 120,000 COVID deaths in second wave – Reuters
Asia:
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- Singapore plunged into recession with a record decline in GDP in the second quarter – Economo
- Third of Bangladesh Underwater as Monsoon Drenches Region – Japan Times
- Hong Kong Disney Park Closes Again After New Coronavirus Restrictions – Japan Times
- The Struggle to Keep India’s COVID Patients Breathing – BBC
- WHO investigators looking into origin of virus will not be visiting Wuhan lab – The Sun
- Chinese Police Are Making Threatening Video Calls to Dissidents Abroad – Vice
Trans-Tasman:
- Amid the coronavirus economic crisis, cutting taxes for the wealthy is the worst possible response. – ABC
- Scott Morrison says we can’t shut down Australia to contain second wave of Covid-19 – The Guardian
- Conflict of Interest: Crown is part of Australia’s hotel quarantine story, so why is a board member running the hotel inquiry? – Crikey
- CSIRO report examining six fracked wells out of 19,000 ‘doesn’t pass the pub test’, expert says – ABC
- Abortion drugs remain inaccessible, unsafe and unaffordable for many Australian women – The Guardian
- Outdoor medicinal cannabis trial crop in Victoria hoped to provide affordable access for those in need – ABC
- Government may not repay 200 Centrelink debts raised using ‘unlawful’ method – The Guardian
- NSW government relies on promises from hotels despite Covid-19 risks of large venues – The Guardian
- New JobSeeker data shows suburbs benefiting the most from coronavirus payment – ABC