Global Macro / Markets / Investing:
- Google is saving $1 billion per year as a result of employees working from home – LA Times
- Fed holds interest rates near zero, sees faster growth and higher inflation – CNBC
- Fed Likely to Keep Rates Near Zero as Recovery Picks Up – WSJ
Americas:
- Biden Unveils Massive Family Aid Plan Funded by Taxing Rich – Bloomberg
- Biden Seeks $80 Billion to Beef Up I.R.S. Audits of High-Earners – NY Times
- There Is Growing Segregation In Millennial Wealth – NPR
- Taxes on the Rich: One-Sixth of What They Used to Be – Inequality.org
- How U.S. economy has performed during Biden’s first 100 days – in 7 charts – USA Today
- Biden Forms Task Force to Explore Ways to Help Labor – NY Times
- Joe Biden wants to Reverse Trump’s Tax Cuts and tackle Tax loopholes – Guardian Mag
Europe:
- Italy places public employees under investigation after a 67-year-old who never worked was paid $650,000 in salary – Mazech
- U.K. retail deflation slows, hinting of inflation – Market Watch
- China tells Germany to focus on trade, not human rights – Politico
- Russia calls Baltic nations, Slovakia ‘openly hostile’ amid retaliation, expulsion of diplomats – News Week
- France finally passes historic law setting age of sexual consent to 15 – France 24
- France arrests and hands over 7 Italian terrorists – ANSA
Asia:
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- China scraps tariffs on some steel products to curb iron ore prices – Global Times
- Samsung’s Lee Family to Pay More Than $10.8 Billion in Inheritance Tax, Donate Art – Reuters
- Taiwan minister’s vow as China ‘prepares final assault’ – Sky
- China’s Huawei says sales down 16.5% amid US sanctions – ABC News
- China Sow Disinformation to Undermine Trust in Western Vaccines, EU Report Says – US News
- Taiwan accuses Beijing of waging economic war against tech sector – Aljazeera
- Japan approves world’s largest free-trade deal as China calls to boost Asian economy – SCMP
Trans-Tasman:
- Only three rental properties in Australia are affordable for singles on jobseeker – The Guardian
- Federal government set to build taxpayer-funded gas-fired power plant – ABC
- Swap and go: electric trucks to run between Sydney and Brisbane using exchangeable batteries – The Guardian
- Chinese Australians reveal fears of repercussions on families in China if they criticise Beijing – ABC
- Victoria unveils plans for purpose-built quarantine facility, calls on Commonwealth to ‘step up’ and fund it – ABC
- Australian mother marks nine months in Chinese prison as curious online posts emerge – ABC
- Where’s Wally: find your favourite taxpayer subsidy to the fossil fuel giants – Michael West
- All paramedics on deck: When Sydney’s ambulance network hit ‘status three’ mode – The SMH
- March mortgage borrowing shatters records – Interest.co.nz