Global Macro / Markets / Investing:
- Wall Street slumps as most stocks fall; tech leads decliners – AP News
- Asia stocks defy Wall Street weakness but economy, US election worries cap gains – Straits Times
- World Bank: Coronavirus pandemic threatens health and education – Economo
- The OECD is a little more optimistic about the global economy – Economo
- Bill Gates – Spend Billions to save Trillions! – You Tube
Americas:
- The Top 1% of Americans Have Taken $50 Trillion From the Bottom 90%—And That’s Made the U.S. Less Secure – Time
- US billionaires’ fortunes have skyrocketed $835 billion since March – CNN
- Jobless claims: Another 860,000 Americans filed new unemployment claims last week – Yahoo
- Give Americans stimulus money directly, don’t waste it on zombie companies – CNBC
- The latest crisis: Low-income students are dropping out of college this fall in alarming numbers – Washington Post
- America hasn’t seen unemployment rise this sharply since 1948 — and experts say it’s not over yet – Inquirer
- U.S. renewable energy consumption surpasses coal for the first time in over 130 years – EIA
- Nearly half of NYC’s top earners have considered relocating – NY Post
Europe:
- Queen’s property drops in value by £500m after rental receipts decline – The Guardian
- Bank of England warns of ‘unusually uncertain’ outlook, reveals negative rates under consideration – CNBC
- France : A less pessimistic outlook for 2020 thanks to the summer season but caution for the end of the year – Christophe Barraud
- Belarus to close border with Poland and Lithuania -Lukashenko – MSN
- Novichok traces found on water bottle in Alexei Navalny’s hotel room, his colleagues say – Euro News
- EU Belarus sanctions in doubt as Cyprus demands action against Turkey – The Guardian
Asia:
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- The BoJ maintains its policy, signaling a gradual economic recovery – Economic Daily
- US-China cross-border investments drop to lowest level in nearly a decade – SCMP
- China Defends Xinjiang “Education” Camps – BBC
- Malaysian Prisoners May Face “Forced Labour” on Palm Oil Plantations – The Guardian
- Chinese authorities “indirectly” confirm the scale of the camps. China claims 1.3 million Xinjiang residents given ‘vocational training’ each year – SCMP
- Analysis: China’s wolf warrior overreach draws comparison to Imperial Japan – Nikkei
- US plans big expansion of navy fleet to challenge growing Chinese sea power – The Guardian
- Black Lives Matter co-founder teams up with pro-Chinese Communist Party group – NY Post
- Another famine coming? China struggles to meet basic food demands – The Hill
Trans-Tasman:
- NSW Nationals Leader John Barilaro to take mental health leave for four weeks – ABC News
- ‘How is this fair?’ Expats furious after Lord Sugar brags of flying into Sydney – The SMH
- Mutual obligation requirements return for job seekers – Minister Cash
- Australia’s jobless to face mutual obligation rule despite few job vacancies – The Guardian
- Coronavirus cluster in south-east Melbourne linked to residents of five households who visited each other – ABC
- As conspiracists cry freedom, Australian ‘lefties’ back riot police – The Guardian
- Snowy 2.0 rapidly turning into “$10 billion white elephant,” experts say – Renew Economy
- Government hands AAP $5 million lifeline – The SMH
- Deal between big business and Australian unions sparks fury from employer groups – The Guardian
- States back Scott Morrison’s plan to raise Australia’s cap on international arrivals – SBS
- Gig economy job surge may be behind surprise fall in unemployment – ABC
- No slow down in residential auction activity as election draws closer – Interest.co.nz
- We need to talk about productivity – Interest.co.nz
- National’s tax cut – stimulating the polls or the economy? – Interest.co.nz
- National promises 16 months of income tax cuts – Interest.co.nz