Global Macro / Markets / Investing:
- It is time to levy a one-time pandemic wealth tax on billionaires’ windfall gains – Market Watch
- World’s 10 richest tech giants shed $44 billion wealth, Jeff Bezos tops list with $9 billion loss – Money Control
- Darkest Quant Fears Ring True in $1 Trillion World of Smart Beta – Bloomberg
- Coronavirus Crisis Has Led To ‘Bleak’ Perception Of The Economy, Study Says – Online Marketing Scoops
- Governments must stay out of supply chains – Economo
- Fed Chair Powell: Wearing masks can lead to ‘enormous’ economic gains – Yahoo
- Stocks Are Up. Wages Are Down. What Does it Mean? – Economics from the Top
- Central Bankers Aren’t Using Their Climate Superpowers Yet – Bloomberg
Americas:
- How Trump’s new methodology reduced unemployment by 12 percentage points!!”Unemployment Claims Improve But It’s a Manipulation Mirage”. – The Street
- Manufacturers Are Coming Home. Are U.S. Workers Ready? – Bloomberg
- A majority of young adults in the U.S. live with their parents for the first time since the Great Depression – PEW Research
- In 2016, 40% of all Americans made less than the 1968 minimum wage, adjusted for inflation – Forbes
- The Ugly Numbers Are Finally In on the 2017 Trump Tax Rewrite – Dcreport
- U.S. job growth loses speed as fiscal stimulus ebbs – Yahoo
- Trump’s job losses are the worst of any American president on record – CNN
Europe:
- Negative inflation – what will the ECB do now? – Economic Daily
- Russian Energy Minister Expected price oil at $50 to $55 in 2021 – Economic Arab
- Slovenia supports Croatia’s bids to join eurozone and passport-free Schengen area – Croatia Week
- EU warns Turkey of sanctions as east Mediterranean crisis worsens – Aljazeera
- Telegram Files EU Complaint Against Apple – The Techie
- Europe Just Declared Independence From China – Bloomberg
Asia:
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- US, Taiwan seek ‘like-minded’ democracies in supply chain shift from China – Reuters
- China may dump US Treasuries as Sino-US tensions flare: Global Times – Channel News Asia
- Why Indian and Chinese economies are decoupling – Indian Narrative
- China factory, building boom sends iron ore price to 6-year high – Mining
- U.N. experts decry Hong Kong security law in open letter to China – Reuters
- Big blow to China as Thailand scraps KRA canal project – MSN
Trans-Tasman:
- Greens push for more paid parental leave for fathers – The SMH
- Dozens of Australian companies fined for trying to unlawfully profit from Covid crisis – The Guardian
- Australian companies getting jobkeeper shouldn’t be paying bonuses, business council head says – The Guardian
- Coalition senators suggest robodebt victims buried their heads in the sand to deal with scheme – The Guardian
- CSIRO researchers process one trillion points of genomic data to identify disease-causing genes – IT Wire
- With record new solar and wind installed, Australia’s clean energy is booming – for now – The Guardian
- Melbourne’s stage-four restrictions could last until mid-October, modelling suggests – The Guardian
- Andrews says modelling shows COVID-19 surge if lockdown ends early – The Age
- Positive coronavirus cases detected in SA wastewater and in hotel quarantine – ABC
- Collins puts boot in: Modern Monetary Theory ‘just fabulous’ – Interest.co.nz
- What might COVID-19 loan deferrals ultimately mean for banks’ non-performing loans? – Interest.co.nz