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Weekend Links: 28-29 November 2020

By Ritualised Forms in Links, Miscellaneous

at 12:01 am on November 28, 2020 | 307 comments

‘Desert Landscape’, 1947, Douglas Roberts, Art Gallery of South Australia

Macro & Markets

Fed policymakers may give new bond-buying guidance ‘fairly soon’: minutes – Reuters
An economic recovery could happen sooner than we think – Ninefax
‘Revenge of the old economy’: Is this the start of the next commodity supercycle? – Ninefax, AEP
OPEC Is Too Slow For Covid’s Ever-Changing World – Bloomberg
China should not be allowed anywhere near the TPP – Nikkei Asian Review
Banks, economists, markets welcome the idea of Treasury secretary Yellen – Euromoney
Digital warfare will erode the distinction between the state and civil society – New Statesman
The great labour glut is ending – Financial Post
Coronavirus was on many continents before Wuhan outbreak, Chinese team says – SCMP

Americas

Trump could box Biden into a corner on China – Reuters
America Never Did a Real Lockdown – Slate
The U.S. Fight Against Climate Change Has to Start at Its Center: The Midwest – Slate
Janet Yellen at Treasury Points to Era of Fed Control – Bloomberg
What Janet Yellen Doesn’t Know – Bloomberg
Economists fear a “double dip” recession is coming soon – CBS News
Picture of US economy is worrisome as virus inflicts damage – AP News
As economy struggles, Fed weighs boosting bond purchases – AP News
Five Economic Reasons to be Thankful – Calculated Risk…only for the US…
A Tale of Two Economies – Project-Syndicate, Roach
U.S. Economy Stumbles as the Coronavirus Spreads Widely – NY Times
It’s payback time for Yellen, the economist who was too short for Trump – Ninefax

Asia

‘Let’s build a digital Silk Road’: Xi Jinping looks to cement China’s ties with Asean – SCMP…should make extending the facial recognition and social scores software easier…
China’s industrial profits grow at quickest monthly pace since early 2017 – Reuters
China rises as world’s data superpower as internet fractures – Nikkei Asian Review
Asian countries build data fortresses to protect new national assets – Nikkei Asian Review
China’s new digital front has caught the world napping – Ninefax
China pensions crisis sparks ‘no pay’ warning – Asia Times
Foxconn to shift some Apple production to Vietnam to minimise China risk – Reuters
China tops world in AI patent filings, surpassing the US for the first time – SCMP
A plea for help as China loses jobs to Vietnam – Asia Times
Amid US chaos, China lures Japan and Korea – Asia Times
From Thailand to Indonesia, taxes tighten for digital businesses – Nikkei Asia Review
Xi Jinping’s embrace of TPP is 8-year revenge on Obama – Nikkei Asian Review
Coronavirus: Asia embraces big government to battle recession – Nikkei Asian Review
ASEAN must counter Chinese attempts to own RCEP trade agreement – Nikkei Asian Review
China bares teeth in ‘Wolf Warrior’ trade diplomacy – DW
India is headed for a technical recession — and the road to recovery will be long, analysts say – CNBC
China’s central bank could intervene after ‘glaring’ state-firm bond defaults, analyst says – CNBC
A Job for Life, or Not? A Class Divide Deepens in Japan – NY Times

Europe

Britain to curb Google and Facebook with tougher competition rules – Reuters
The UK economy remains in rescue mode – BBC
Europe vows to tame US data giants – DW
The World’s Oldest Bank Is in Dire Straits. Again – Bloomberg
Europe’s Failings Are Back for Everyone to See – Bloomberg
Deutsche Bahn, Siemens launch hydrogen trains trial – DW
Greece to offer 50% income tax cut to lure remote workers during pandemic – DW
Move to EU or face disruption, City of London is warned – Irish Times
Germany to double net borrowing for 2021 to fight Covid – Irish Times
German stimulus fails to turn anxious savers into big spenders – Reuters

Terra Specufestor

‘Devastating blow’: Trade Minister lashes out at China’s wine tariff hit – Reuters
Budget deficit hits record level as net debt soars beyond $600 billion – Ninefax
Crown gave staff COVID-19 leave, then clawed it back from taxpayers – Ninefax
China puts tariffs of up to 200 per cent on Australian wine – Ninefax
Western United and a local council are building a $150 million football stadium essentially out of thin air, thanks to a concept called value capture – ABC
Australia-China relations: attempts to strong-arm Canberra only damage Beijing’s standing, ex-PM Malcolm Turnbull warns – SCMP
China-Australia relations: Treasury Wine Estates takes hit from Chinese import duties as share price plummets – SCMP
Chinese fishing plant in Torres Strait raises alarm for Australian industry and islanders – Guardian
Murray-Darling Basin: Icac finds NSW’s water management favoured irrigators over environment – Guardian
RBA warns government: ‘Be careful of removing the stimulus too early’ – Guardian
In the debate about super, the actual point of a retirement income policy is lost – Guardian
Westpac and its super arm BT gouge $8 billion from unsuspecting public – MWM
Australia and China: Getting out of the hole – Pearls and Irritations
What does a Biden presidency mean for Australian post-secondary education? – Pearls and Irritations
Robodebt was a Morrison fiasco at every stage – Pearls and Irritations
From here on our recovery will need more than fiscal policy, it’ll need redistribution – The Conversation
China to impose temporary anti-dumping measures on Australian wine imports – Reuters
China-Australia relations: Beijing slaps ‘distressing’ duties of up to 212 per cent on Australian wine imports – SCMP
China lifts thermal coal import quota by 20 million tonnes, but Australia unlikely to gain – SCMP
China Blacklist Strands More Than 50 Australia Coal Cargoes – Bloomberg
Australian football continues to disenfranchise its prize asset to cover for administrative failings – ABC…the cost structure of soccer (football) in Australia does seem geared to wealthier parents…

…and furthermore…

Questions over AstraZeneca’s COVID-19 vaccine data risk delaying approval – Reuters
Esports regulator says there’s been a ‘very significant upturn’ in match-fixing – ABC
Machines in the fight against corruption – VoxEU
Cocoa farming, cheap chocolate and child labor – DW
Death by Algorithm? – Project-Syndicate
Restructuring the Debt-Restructuring Process – Project-Syndicate

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