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‘Mount Nameless (afternoon)’ 1981, Fred Williams, National Gallery of Victoria
Macro & Markets
- G20, Heal Thyself – Project-Syndicate, Sachs
- Coronavirus latest: WHO says health workers account for 10% of global infections – DW
- World faces staggering jobs challenge, says Microsoft president – BBC…a quarter of a billion jobs equals an awfully large number of people questioning the status quo…
- OPEC+ pumps up but oil still in Covid danger – Asia Times
- World splitting into pro and anti-Huawei camps – Asia Times
- Can the global recovery be sustained even as the pandemic rages? – Bruegel
- Five lessons from tracking the global pandemic economy – VoxEU
- OPEC+ hits the refinery wall – Reuters, Kemp
- ‘Hacker armies’ linked to China and Russia ramp up cyberattacks – Nikkei Asian Review
- Most of the World May Face Covid Without a Vaccine – Bloomberg…at the moment you would punt against a vaccine (ever?), against herd immunity, and get your money on the human race having to adjust its social interactions, workplace, and pretty much the entire global economy to COVID19 being about…
- How to imagine the death of capitalism – New Statesman…the death of the neoliberal version of capitalism is stalking the streets of the world already..
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Americas
- US investors still piling FDI money into China despite rising political tensions – SCMP
- Hong Kong Autonomy Act: US tariffs, sanctions, export bans ‘all on the table’ after Donald Trump signs law – SCMP
- US oil and gas leaks drive global methane emissions spike – DW
- Rising coronavirus infections risk a ‘W-shaped’ recovery, economists warn – CNBC
- The Economy Is Going to Hit an Iceberg in 10 Days – Slate
- The Terrifying Next Phase of the Coronavirus Recession – The Atlantic
- Bad debts at nation’s biggest banks top $100 billion – CBS News
- Rising coronavirus cases threaten U.S. economic rebound – CBS News
- How to Save a Half-Open Economy – NY Times
- America’s Compromised State – Project-Syndicate, Deaton
- How CEO pay in America got out of whack -= Stuff.co.nz
- Bernanke and Yellen warn pace of recovery from pandemic could be ‘slow and uneven’ – Market Watch
- How is the economic recovery going? Wall Street goes off-grid to sources like Homebase – Market Watch
- Mass evictions: The next crisis that could hit New York City – Market Watch
- What’s the Fed doing in response to the COVID-19 crisis? What more could it do? – Brookings
- How the pandemic is changing the economy – Brookings
- US unemployment insurance in the pandemic and beyond – Peterson Institute
- On eve of bankruptcy, U.S. firms shower execs with bonuses – Reuters
- The real threat to liberalism in the United States will come after Trump – Economo
Asia
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- Is China’s second quarter GDP as rosy as it seems? – SCMP
- China’s inward shift has profound implications for the world economy – SCMP
- China puts US tensions aside to boost phase one trade deal, food security with record corn purchase – SCMP
- Hong Kong security law: how will US sanctions affect China’s plan to turn the yuan into a widely used global currency? – SCMP
- China’s banks brace for more bad loans as coronavirus-hit economy slows – CNBC
- China’s Deepening Geopolitical Hole – Project-Syndicate, Pei
- China seizes financial firms linked to conglomerate – Nikkei Asian Review
- Japan pandemic policy seen forming financial bubbles – Nikkei Asian Review…is there any pandemic or crisis response which doesn’t form financial bubbles in the era of late neoliberalism?…
- China’s broken bridge to Western ideals – Asia Times
- China’s targeted corporate shopping spree to continue, especially in Europe – Bruegel
- Coronavirus crisis may accelerate Japan’s structural reform – Peterson Institute
Europe
- EU court overturns US data transfer agreement in Facebook privacy case – DW
- Population pressure – are pensions a ticking time bomb? – RTE…about Eire but the same argument we have seen in Australia…
- Russia Incomes Plunged Most Since 1998 as Virus Rocked Economy – Bloomberg
- EU leaders deadlocked over COVID recovery plan after a day of haggling – Reuters
- China’s ownership of UK assets exposes Britain’s broken model – New Statesman
- French government postpones negotiations on pension reform until 2021 – Economo
- Empty city centres: ‘I’m not sure it will ever be the same again’ – Guardian
- Sweden kept its country relatively open during the coronavirus pandemic, but its elderly paid a price – CNBC
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Terra Specufestorus
- How Blind Spots With Melbourne’s Migrants Sparked Virus Crisis – Bloomberg
- Millionaires who pay no tax and Australia’s richest and poorest postcodes revealed – ABC…..73 millionaires who pay not a cent in tax. All tax payers should be on a publically accessible database which is update in real time…
- Income support coming as Frydenberg says Victorian outbreak hurting confidence – Ninefax
- We won’t achieve economic reform until we go back to co-operating – Ninefax, Gittins…Gitto is right, but we only start cooperating when we have a load more clarity on who the beneficiaries of the cooperation actually are…
- Safe as houses no more as banks fear spike in bad loans – Ninefax
- Australia beef exports ‘rescued’ after China ban by demand from US, South Korea – SCMP
- Negative gearing cost reaches $13 billion a year – Ninefax
- Workers pay price as gig economy avoids regulations, inquiry finds – Ninefax
- Big Eight university vice-chancellors, overpaid and under-prepped, cut jobs – Michael West, Foote
- Australian of the Year takes on Big Food, says our diet is ‘killing us’ – Michael West, Demasi
- Cashed-up university sector accused of hypocrisy over mass casualisation of workforce, job losses – ABC…an utter disgrace…
- As debate rages over coronavirus supplements, almost 2.5 million people could find themselves in poverty – ABC, Tingle
…and furthermore…
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- How much responsibility do our governments have? – Pearls and Irritations, Borland
- Modern Monetary Theory: How MMT is challenging the economic establishment – ABC…the time for MMT has come, and the imperative from here will be to make it work, in the same way monetarism was ‘made’ to work…
- ‘Greater fool’ theory powers Tesla shares’ ascent – Nikkei Asian Review
- South China Sea: Chinese state firms could face US sanctions – SCMP
- Modern monetary theory: the rise of economists who say huge government debt is not a problem – The Conversation
- Vital Signs: the cost of lockdowns is nowhere near as big as we have been told – The Conversation
- Cutting taxes for the wealthy is the worst possible response to this economic crisis – The Conversation
- Do ‘middle powers’ still matter? – Asia Times
- Government-guaranteed bank lending: beyond the headline numbers – Bruegel
- Financial development can harm children’s academic development – VoxEU
- Liquidity crisis: Keeping firms afloat during Covid-19 – VoxEU
- Coronavirus panic fuels a surge in cash demand – VoxEU
- Reflections On Rethinking Global Labour – PPE
- Data doubts undermine treasury use of risk quantification – Euromoney