Global Macro / Markets / Investing:
- The ‘cobra effect’ will have a ‘disastrous and unimaginable’ impact on the market, Wall Street vet warns – Market Watch
- Could a Global Recession Fuel Bitcoin Adoption? – Tech Times
- US stock markets no longer need the economy – Market Watch
- Six tech stocks now make up half the value of the Nasdaq 100 – CNBC
Americas:
- Mexico Bans Bayer-Monsanto’s Roundup Herbicide – Hearty Soul
- Thanks to coronavirus, Americans looking at a stay-at-home fall season, survey suggests – USA Today
- U.S. Jobs Picture Worsens With Census Survey Showing July Drop. Weekly poll shows employment decline of 6.7 million in month. Jobless claims seen ending 15-week streak of decreases – Bloomberg
- Jobless Claims Could Spike by 40% in Coming Weeks—Even if Claims Fall. That’s Because the Virus Has Distorted the Seasonal Adjustment. – Barrons
- GOP considers extending unemployment benefit at reduced level of $100 a week through December – CNBC
- Economists Think Congress Should Keep Paying Unemployed Workers $600 A Week – Or Even More – Five Thirty Eight
- A second Great Depression? Unemployment crisis hits big cities hard – CNBC
Europe:
- Putin quietly abandoned the idea of turning Russia into an economic power – Finances Herald
- Europe’s $3.5 Trillion Unity Rally Leaves Britain Far Behind – Bloomberg
- EU Leaders Approve $2.1 Trillion Budget, US Lawmakers Expect Another Round of Covid-19 Relief Money – Bitcoin
- Despite historic EU deal, deep rifts remain – FT
- Christine Lagarde: The distribution of EU grants and loans could have been better – Economo
- German state bans burqas in schools – DW
- Macron: The agreement on a EU recovery plan is the most important moment for Europe since euro creation – France 24
Asia:
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- Japan’s factory activity is shrinking for the 15th consecutive month – Economo
- China bets on yuan globalization in the financial battle with the US – Economo
- China’s Full Economic Recovery Remains Elusive in Q3 – Macro Polo
- South Korea Enters Recession as Exports Plunge by Most Since 1963 – Reuters
- Japan Starts Paying Companies to Withdraw Their Production from China – Economo
- Piracy Incidents Double Across Asia During Pandemic – BBC
- Nearly one in four in Delhi had Covid-19 – study – BBC
Trans-Tasman:
- This time last year 430 people had died from influenza. This year it’s just 36 – ABC
- Companies receiving jobkeeper have laid off more than 700,000 excluded workers – The Guardian
- Young Australians told to be resilient as COVID-19 wipes out jobs and housing hopes – Michael West
- Buttrose says Millennial workers lack resilience and ‘need hugging’ – The SMH
- Chair Of Organisation Full Of Unsackable Boomers In Outdated Roles Says Kids Need To Harden Up – Betoota Advocate
- Australia ranks last in manufacturing self-sufficiency but coronavirus may change that – ABC
- WA doctors fear repeat of Melbourne crisis as whistleblowers sound alarm on hotel quarantine – ABC
- Federal Government deficit hitting record highs as coronavirus devastates the economy – ABC
- Calls for paid pandemic leave grow as Victorian premier links Covid-19 surge to insecure work – The Guardian
- $10 million for Fox Sports slammed as “handout to Murdoch mates” – New Daily
- Victorian Workers taking Covid-19 tests to be eligible for $300 payment – 7 News
- ‘Offensive and dumb’: Australians forced to job hunt in a pandemic – New Daily