Global Macro

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Weekly COVID-19 (Coronavirus) statistics and analysis flipbook

See our Coronavirus data Dashboard for individual country data. COVID-19 statistics and cases around the World United States Hospitalisations Increasing Cases     Decreasing Cases More COVID-19 Statistics and Analysis See our latest blog posts or podcasts here. See our Coronavirus data Dashboard for individual country data Data sources This is a list of some

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Weekly COVID-19 (Coronavirus) statistics and analysis flipbook

See our Coronavirus data Dashboard for individual country data. COVID-19 statistics and cases around the World Deaths and Hospitalisations Note: Hospitalisations data for Europe is only updated weekly. These numbers are up until Sunday Nov 7th. In Europe there is a significant increase in the number of deaths being reported. This week Czechia and Belgium

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Weekly COVID-19 (Coronavirus) statistics and analysis flipbook

See our Coronavirus data Dashboard for individual country data. COVID-19 statistics and cases around the World Hospitalisations Note: Hospitalisations data for Europe is only updated weekly. These numbers are up until Sunday Nov 1st.       More COVID-19 Statistics and Analysis See our latest blog posts or podcasts here. See our Coronavirus data Dashboard

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US sensibly lifts skilled visa salary threshold

Earlier this year, the Economic Policy Institute released research proving that the United States’ temporary skilled visa scheme (H1B) has been ruthlessly exploited by employers to undercut American wages. The analysis was based on the Department of Labor’s Occupational Employment Statistics (OES) survey, which constructs a distribution of wages for each occupation in a specific

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Weekly COVID-19 (Coronavirus) statistics and analysis flipbook

See our Coronavirus data Dashboard for individual country data. COVID-19 statistics and cases around the World Italy and Iran Canada More COVID-19 Statistics and Analysis See our latest blog posts or podcasts here. See our Coronavirus data Dashboard for individual country data Data sources This is a list of some of the main data sources

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Weekly COVID-19 (Coronavirus) statistics and analysis flipbook

See our Coronavirus data Dashboard for individual country data. COVID-19 statistics and cases around the World USA More COVID-19 Statistics and Analysis See our latest blog posts or podcasts here. See our Coronavirus data Dashboard for individual country data Data sources This is a list of some of the main data sources we use: https://www.worldometers.info/coronavirus/ Probably

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Weekly COVID-19 (Coronavirus) statistics and analysis flipbook

See our Coronavirus data Dashboard for individual country data. COVID-19 statistics and cases around the World   Europe’s Second Wave New Cases in Europe are increasing rapidly with Spain and France being the worst affected and the UK also reporting high numbers. Many countries are introducing lockdown measures again. Despite the increasing cases the number

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Deloitte: More virus equals less GDP

Via Deloitte: The release of national accounts data this morning confirms the Australian economy has just experienced its sharpest ever three-month contraction – driving it to its weakest growth since the end of World War 2. Australian GDP growth over the same quarter of the previous year Source: Australian Bureau of Statistics.  Note quarterly numbers

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It’s official: COVID-19 can reinfect

The hopes of a single vaccine ridding the world of COVID-19 have been dashed with genome sequencing confirming that a Hong Kong resident has been been infected by two different strains. The 33-year-old IT worker had initially contracted the coronavirus during the first wave, and subsequently recovered in April. He then tested positive again in

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Medicos pick through Morrison vaccine wreckage

Via Domain comes the self-evident: Doctors are urging governments not to compel Australians to get a COVID-19 vaccine, warning the fast-tracked approval process could create a risk of harmful side effects. Australian Medical Association President Omar Khorshid said while the peak body was “very supportive of vaccination generally because of its extensive science behind the

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Sweden’s COVID-19 response hasn’t saved economy

New research has thrown a cold blanket over claims that Sweden’s lax response to COVID-19 has saved its economy: Sweden’s “light-touch approach” to curtailing the spread of Covid-19 has produced only limited economic benefits, according to research that compared spending patterns in the Scandinavian country and in Denmark, where far more restrictive policies were adopted.

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The structural changes of COVID-19

Nice work here from Seth Klarman of Baupost: Peering into the Future: The Possible Longer-Term Ramifications of the COVID-19 Pandemic For most of the last century, a reasonable approach to assessing a company’s future prospects was to expect mean reversion. Fluctuations in business performance were largely cyclical phenomena. The stock market, as always, could be

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MB Radio: A podcast of gloomy disposition

  With the sheer enormity of the COVID19 pandemic’s economic impact only starting to dawn, David Llewellyn Smith and Leith Van Onselen spoke with Gunnamatta on the major forms the shock has taken through the Australian economy.  Over the course of about 75 minutes (3 parts) they cover the ugly numbers and the dynamics across

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Is working from home too much of a good thing?

The OECD has released a report which concludes that the overall impact of working from home (WFH) on productivity during the COVID-19 pandemic remains “ambiguous”. However, the IMF warns that long-term productivity growth and workers’ efficiency may be negatively affected if companies continue to rely too much on telecommuting when the health crisis abates. The

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World heads into w-shaped depression

Via Capital Economics: Hard data for May generally revealed sharp improvements in activity, particularly retail spending, albeit not to pre-virus levels. This led us to revise our forecasts for several economies including the US, UK and euro-zone, where we now expect falls in Q2 GDP to be less steep than we initially envisaged. However, renewed

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Fitch: 2020 a record for sovereign downgrades

From Fitch Ratings: There were more sovereign downgrades in 1H20 than any full year prior, and 40 sovereigns are on Negative Outlook, a record high in absolute terms and as a share of the rated portfolio, Fitch Ratings says. The coronavirus pandemic is exerting considerable pressure on sovereign creditworthiness across all regions and rating categories,