Global Macro / Markets / Investing:
- The Coronavirus Credit Downgrades Are Here. US Treasuries Should NOT Have Been Excluded From The List – Forbes
- World’s largest printer of money is running out of money – NBC
- Gold at New Record High as U.S. Dollar Selling Continues – Yahoo
- If an economy is going through a recession/depression, why can’t they just print more money and put it in the economy? – CNBC
- Dollar wallows near two-year low as virus dashes U.S. recovery hopes – Reuters
- Air travel not expected to recover until 2024 – WKBN
- Bitcoin Could Well Hit All-Time High Level By 2021 The Asset just Hit $11,000 USD – Technology Elevation
- The coronavirus economic ‘disaster’ scenario: Stagflation – CNN
Americas:
- Nike should quit lecturing on social justice — and atone for using slave labor in China – NY Post
- U.S. Treasury Will Borrow A Record $3 Trillion This Quarter As Stimulus Spending Soars – Forbes
- More Than 40% Of U.S. Renter Households Are At Risk Of Eviction – Forbes
- Americans are driving older cars as workers stay home, economy slows – Yahoo
- Donald Trump complained about the slow opening of the economy – Economo
- Fed extends its emergency lending programs for the end of the year – Economo
- Getting rid of extended jobless benefits would come with a big economic hit – CNBC
Europe:
- Germany has rejected Trump’s offer to return Russia to the G-7 – Economo
- What is the best way for the EU to spend its 750-billion-euro recovery fund? – Economic Daily
- Unemployment in Spain rose in the second quarter – Economic Daily
- World’s largest nuclear fusion project begins assembly in France – The Guardian
- Largest nuclear fusion project begins assembly – BBC
- Italy sends military to Sicily as hundreds of migrants flee quarantine – Euro News
- We’ll Build Thousands Of Miles Of Protected Cycleways, Pledges Boris Johnson – Forbes
Asia:
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- Profits of industrial companies in China reported the fastest growth since the end of 2018 – Economo
- China’s Mars Probe Photographs Earth en Route to Red Planet – Channel News Asia
- Hong Kong University Fires Professor Who Led Protests – BBC
- Fermented Soybeans: Japan’s most polarising superfood? – BBC
- India Bans 47 More Chinese Mobile Apps – Channel News Asia
- Indonesian migrants in Malaysia intimidated as they face COVID-19 infection, hunger – ABC
Trans-Tasman:
- Why Australia is doubling fees for arts degrees – ABC
- Australian government has no modelling on effect of university fee hikes, official reveals – The Guardian
- Australia’s inflation turns negative – Market Watch
- Queensland woman who travelled interstate tests positive to coronavirus – ABC
- Clive Palmer ‘highly likely’ to win WA coronavirus border closure legal fight, Prime Minister warns – ABC
- Job-ready Graduates Package inequitable and just poor economics – Independent
- ‘Quite serious’: International student visa applications plummet – The SMH
- Scott Morrison’s ‘deflect blame, take the credit’ shtick is wearing thin – The SMH
- COVID taskforce urges government support for new gas projects – The SMH
- Govt unveils charges for returning New Zealanders – Interest.co.nz
- The first home buyer ‘surge’ may just be a natural rebalancing of normal demand – Interest.co.nz
- National to give the unemployed access to their KiwiSaver funds to start a business – Interest.co.nz