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‘Sheep Country, Burra’, Douglas Dundas, 1950, Art Gallery of NSW
Macro & Markets
- Trump says U.S.-China relationship is ‘severely damaged,’ phase 2 trade deal not a priority – CNBC
- WHO says it’s ‘very unlikely’ countries can eradicate the coronavirus right now – CNBC
- Donald Trump hints lack of interest in a phase two US-China trade deal – SCMP
- WHO says countries may have to return to “total lockdown,” after cases double worldwide in 6 weeks – CBS News
- Decode China: US backs Chinese-language news site in Australia as battle of the narratives heats up – SCMP
- What will COVID-19 do to banking? – Interest.co.nz
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Asia
- Hong Kong will stay China’s financial gateway to the world, former top banking official says – SCMP
- China loans hits record US$1.73 trillion in first half of 2020 after strong June as coronavirus recovery continues – SCMP
- China as Economic Bogeyman – Project-Syndicate
- New East Asian trade blocs create tough choices for China – VoxEU
- Digital yen could reverse Japan’s deflation – Asia Times
- Chinese officials bemoan ‘significant catch-up’ needed with US on chipmaking, as industrial decoupling looms – SCMP
- China, Iran deal eyes a future decoupled from US – Asia Times
- China’s economic bullying will never work – Nikkei Asian Review
Americas
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- A Shot at Hostage Diplomacy With China Backfires in Canada – Bloomberg
- Trump’s America Is Slipping Away – The Atlantic
- Millions in aid from small business relief fund went to “hate groups” – CBS News
- America’s looming housing catastrophe, explained – Vox
- Barbados is planning to let people stay and work remotely for a year – CNBC
- Canada’s giant deficit may have been needed, but the hard part will be digging our way out of it – Financial Post
- The great PPE panic: how the pandemic caught Canada with its stockpiles down – CBC
Europe
- UK economy to slump over 10%, debts to surge: Moody’s – Reuters
- Boris Johnson plans radical shake-up of NHS in bid to regain more direct control – Guardian
- Greece’s economy is likely to shrink by 7.5-10.5% this year – Economo
- Euro-Zone Queue Shows Crisis-Plagued Currency Still Has Appeal – Bloomberg
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Terra Specufestor
- Lock-down lunacy: How we stuffed it up – Ninefax, Sylvester…very good read…
- The Australian Government regards China as a strategic competitor, a revisionist power, and one that must be resisted. – Pearls and Irritations, Raby
- The 2020 Defence Strategic Update: Finding coexistence with China – Pearls and Irritations, Scrafton…he makes some good points…
- FROM ONE CRISIS TO ANOTHER: THE UNDERLYING MALAISE IN THE AUSTRALIAN ECONOMY – Journal of Australian Political Economy, Rosewarne (pdf)…nothing LVO and DLS haven’t been saying for a decade or more, but a cracking read…
- Shaun’s apartment, Maria’s business and Gary’s mortgage are all linked by one thing: deferred debt – ABC
- Students ask government to help Hong Kong protesters come to Australia – Ninefax
- What is Australia’s Hong Kong visa package all about? – Ninefax
- Qantas is creating an army of zombie pilots – Ninefax
- Struggling borrowers will need to consider selling: ANZ – Ninefax
- How Victoria’s coronavirus response became a public health ‘bushfire’ with a second-wave lockdown – ABC
- Australia was a coronavirus success story. Now, an outbreak is prompting new lockdowns. – Vox
- If architecture is the canary in the coalmine, the outlook for construction is appalling – The Conversation
- How bad is COVID for house prices compared to other great crashes of history? – ABC
…and furthermore…
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- THE STRANGE DEATH OF NEOLIBERALISM – Journal of Australian Political Economy, Berry (pdf)
- Pandemic exposes scientific rift over proving when germs are airborne – Reuters
- Why US and China are both stalked by concerns about the Cultural Revolution – SCMP
- Deep red light can ‘recharge’ aging eyes – DW
- The real cost of political polarisation: Evidence from the COVID-19 pandemic – VoxEU
- The market is not our master — only state-led business cooperation will drive real economic recovery – The Conversation
- Coronavirus and the rise of rule-breakers – New Statesman