Weekend Links: 5-6 December 2020
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‘From the Sand Dunes’ John White, 1899, Art Gallery of South Australia
Macro & Markets
- More than 400 lawmakers from 34 countries back ‘Make Amazon Pay’ campaign – Reuters
- Is a post-COVID currency war coming? – Reuters
- US intelligence head says China is America’s ‘greatest threat’ in rare public warning – SCMP
- Container Shipping Is Booming Again. That Probably Won’t Last. – Bloomberg
- Is the CANZUK trade bloc Britain’s attempt to usurp the EU? – DW
- How American investors are gobbling up booming bitcoin – Reuters
- IBM says cyberattacks are targeting vaccine distribution operations – Japan Times
- US blacklists top China chipmaker SMIC and oil giant CNOOC – Nikkei Asian Review
- World food prices hit 6-year high amid COVID pandemic – DW
- China has done human testing to create biologically enhanced super soldiers, says top U.S. official – CNBC
- China announces expansion to weather modification program, artificial rain to cover area bigger than size of India – ABC
- Is Wall Street Ready to Work on China Time? – Bloomberg
- Fiscal Policy During and Beyond the Covid Crisis – Bloomberg
- Whiskey sector forecast to rebound after suffering pandemic hit – Irish Times
- Is China using its clash with Australia as a warning to the world? – SCMP…this…
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Americas
- Feds accuse Facebook of discriminating against Americans in hiring– CBS News
- Google illegally fired two employees pushing for workplace rights, regulators say– CBS News
- Plenty of booby traps on a path to economic recovery littered with unknowns– CBC
- Canada’s economy bounced back at record 40% pace in third quarter — but GDP still below pre-COVID level– CBC
- The government’s failure to provide economic relief is killing people– Vox
- Joe Biden is taking office amid a poverty crisis– Vox
- Covid: Biden to ask Americans to wear masks for 100 days – BBC
- Shiller Sees Only Rational Exuberance This Time – Bloomberg
- Why Your House Price Might Keep Going Up – Bloomberg
- Get Ready for a Supercharged Economy – Bloomberg
- US torpedoes China with South China Sea sanctions – Asia Times
- US passes bill that could delist Chinese companies from stock markets – DW
- The Biden Administration Needs to Do Something About Tesla – Slate
- The recent fall in FDI flows to the US – VoxEU
- Debt-deferral cliff yet to cause major issues, bank results show – Financial Post
- Ex-presidents would get vaccine publicly to boost confidence – AP
- If we wind up with a double-dip recession the Fed may already be spent – Financial Post
- Give Americans a stimulus check by Christmas or small businesses will have an unhappy new year – MarketWatch
- How Will Biden Address the Surging Opioid Epidemic? – Rolling Stone
- The New Comedy of American Decline – The Atlantic
- U.S. labor market losing steam as COVID-19 pandemic rages – Reuters
- November U.S. payrolls gain falls short, threatens recovery – Reuters
- Rising economic risks, but Fed likely won’t tweak bond-buying for now – Reuters
- The Worst-Case Scenario Is Happening—Hospitals Are Overwhelmed – The Atlantic
Asia
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- Iran calls on Saudis to limit $67bn defence spending to Tehran’s $10bn– BNE Intellinews
- From cordial to hostile: how Australia landed in China’s crosshairs – Reuters
- China’s Xi Jinping declares victory on poverty alleviation, but warns of ‘unbalanced’ development – SCMP
- China economy: has the service sector improved enough to start scaling back stimulus? – SCMP
- China-Australia relations: import ban sees Australian lobster disappear from Beijing markets, restaurants – SCMP
- China’s central bank governor tells local governments, lenders: don’t count on a bail out – SCMP
- China’s ageing population: how the gravity of greying will affect nation’s plans to boost economy – SCMP
- How a blow to Australian wine shows tensions with China – BBC
- Could China replace Australian iron ore with metal from Africa? – Guardian
- China punctuates greater market freedoms with tough crackdowns – Japan Times
- China’s billionaires set to dominate the world’s art market – Nikkei Asian Review
- China’s Lehman Brothers moment – Nikkei Asian Review
- Philippines warns of worst postwar GDP contraction due to COVID – Nikkei Asian Review
- Attacking Australia, Beijing tries to win by losing – Asia Times…Chinese aggression is a show for other nations watching….
- Indian farmers continue protest against New Delhi – DW
- Encryption first target of China’s new export restriction law – Nikkei Asian Review
- India central bank projects economy to shrink at 7.5% pace – Nikkei Asian Review
- China grapples with the price of modern power – Asia Times
- China’s dam plan in Tibet worries downstream India – Asia Times
- An Ominous Milestone in Hong Kong’s Democratic Descent – The Atlantic
- Xinjiang: US moves swiftly to enforce ban on cotton products linked to forced labour – Ninefax
Europe
- Russia to start mass vaccinations on December 7– BNE Intellinews
- A peek under the lid at Turkey’s obscured problem loan burden– BNE Intellinews
- European financial integration during the COVID-19 crisis: Insights from a new indicator– VoxEU
- Erdogan needs to go says analyst assessing Turkey’s economic collapse– BNE Intellinews
- Bank of England criticised for losing track of £50bn of banknotes – Guardian
- UK house prices soar as homes in national parks attract premium – Guardian
- U.K. Grants Five Passports a Minute to Hongkongers as China Tightens Grip – Bloomberg
- Are U.K. Investors Facing a Double Taxation Shock? – Bloomberg
- Eurozone finance ministers agree on bailout fund reform – DW
- European financial integration during the COVID-19 crisis: Insights from a new indicator – VoxEU
- Britain’s Vaccine Nationalism – The Atlantic
- COVID-19 has widened the income gap in Europe – Bruegel
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Terra Specufestorus
- Senior Chinese diplomat blames Australian media for negative spin on Beijing’s grievances – SCMP
- Threats surround Albanese in a divided, anxious Labor – Ninefax
- Australia must balance its dependence on China with its need to trade – Ninefax
- House prices to surge in Australian capital cities, driven by ‘aggressive’ Government stimulus – ABC
- Federal, state and territory government net debt to hit $1.4 trillion in four years – ABC
- Coalition IR changes would allow bosses to change workers’ hours, duties and location – Guardian
- ‘Double-bind’: Chinese-Australians face difficult times as tensions grow – Guardian
- Freedom lost: the generation coming of age in Australia’s pandemic-fuelled recession – Guardian
- China helps fuel Australian economic recovery despite trade feud – Nikkei Asian Review
- Corporate Power in Australia – Pearls and Irritations
- It isn’t right to say we are out of recession, as these six graphs demonstrate – The Conversation
- Chinese developer forces Australians off beach as Whitsundays fight escalates – NZ Herald
- Australia drops plan to use Kyoto credits to meet Paris climate target – Ninefax
- Beijing set a trap for Scott Morrison and he walked right in – Ninefax
- New Zealand property market running ‘red hot’ – and prices set to keep rising – Guardian
…and furthermore…
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- Google Researcher Says She Was Fired Over Paper Highlighting Bias in A.I.– NY Times
- What one of Amazon’s biggest critics thinks the future of the retail industry means for workers– Vox
- Capitalist systems and income inequality– VoxEU
- The role of managerial quality during the Great Recession– VoxEU
- Firms facing negative deposit rates invest more and create more jobs– VoxEU
- How millennials became the burnout generation– Vox
- The decline of the world’s dirtiest fuel – BBC
- Chinese Scientists Claim Breakthrough in Quantum Computing Race – Bloomberg
- It’s Time to Let Bankers Face a Darwinian Fate – Bloomberg
- Pandemics and climate change ‘intensify’ global health threats – Japan Times
- Taking a trial shot of Russia’s Sputnik V COVID-19 vaccine – DW
- AI has cracked a problem that stumped biologists for 50 years. It’s a huge deal. – Vox
- Africa’s struggle for pharmaceuticals – Le Monde
- Being good at your job won’t stop age discrimination – The Conversation
- Is the pandemic making people more generous — or more selfish?– Vox
- UN: COVID-19 to worsen poverty in 47 poorest nations – DW
- EU pushes for ‘right to disconnect’ from work at home – DW
- I tried the world’s first no-kill, lab-grown chicken burger – Guardian
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