‘Valley of Tharwa, Murrumbidgee’, J.R. Jackson, 1925, National Gallery of Victoria
Macro & Markets
- Big Oil’s Nightmare Is Coming True – OilPrice
- A $10 Trillion Fed Balance Sheet Is Coming – Bloomberg
- $10bn of precious metals dumped each year in electronic waste, says UN – Guardian
- Three strikes against the Fed – VoxEU, Buiter
- Fitch has downgraded a record number of sovereign ratings due to the coronavirus. It’s not done yet – CNBC
- Chaos in Gold Markets Ripples to Other Precious Metals – Bloomberg
- Why the dollar ain’t smiling – Asia Times
Asia
- Three reasons China’s increasing assertiveness is a threat to Asia’s long-standing peace and stability – SCMP
- Hong Kong national security law and Covid-19 strain China-Japan ties – SCMP
- Hong Kong officials disappointed at Canada’s move to suspend extradition pact – Reuters
- China has HSBC’s taipan in a vice with few options but to fall in line with the security law for Hong Kong in the bank’s biggest market – SCMP
- China is so fixed on the US, it may lose India – Al Jazeera
- ASEAN stops pulling punches over South China Sea – Asia Times
- Southeast Asia vies for foreign manufacturers leaving China – Nikkei Asian Review
- China’s ‘North-South divide’ to worsen as COVID hits economy – Nikkei Asian Review
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Americas
- Trump blasts ‘left-wing cultural revolution’ at Mount Rushmore – Reuters
- Do Americans Understand How Badly They’re Doing? – The Atlantic
- Coronavirus Brings American Decline Out in the Open – Bloomberg, Smith
- Canada suspends its extradition treaty with Hong Kong, eyes immigration boost – CNBC
- Watch Trump Advisor’s Bonkers Rant Pushing COVID-19 Conspiracies – Rolling Stone
- The Radical Solution Tucked Into the House Democrats’ New Climate Plan – Rolling Stone….is geo engineering a part of an global warming response?…
- Why America is no longer world’s ‘natural’ leader – Asia Times
- Late Soviet America – Project-Syndicate…US politics has developed an old man sort of feel…
- How strained US-China relations are playing out in American universities – SCMP
- As Hong Kong autonomy bill moves to Donald Trump’s desk, analysts focus on his previous reluctance to use sanctions – SCMP
Europe
- The strong Euro reflects Europe’s response to the coronavirus – Economo
- The financial fragility of European households in the time of COVID-19 – Bruegel
- Russian vote through changes to constitution in referendum, Putin cleared to rule until 2036 – BNE Intellinews
- Nato nerves on edge as France pulls out of sea operation in major row with Turkey over Libya – BNE Intellinews
- Why Putin is turning left as he seeks to extend his rule – New Statesman
- German parliament passes coal exit bill – Reuters
- Europe’s China problem: investment screening and state aid – Bruegel
- Britain may offer citizenship to BN(O) Hongkongers but what happens if China refuses to recognise it? – SCMP
Terra Specufestorus
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- Scott Morrison is not going to duck this crisis – NInefax
- Multibillion-dollar plan to help businesses survive or close – Ninefax
- Backbench MPs support modest increase in JobSeeker base rate – Ninefax
- Australia sees ‘partial economic decoupling’ from China as Canberra weighs risks of over reliance after coronavirus disruptions – SCMP
- Australia Has a Flesh-Eating-Bacteria Problem – The Atlantic
- Australia tentative safe haven for fleeing HKers – Asia Times…has a deal been done?…
- A Savage Call: energy tsar calls time on Australia’s gas cartel – Michael West
- More than 6,500 applications for JobKeeper rejected due to ineligibility or fraud, ATO says – ABC
- Unions say Coalition’s ‘demonising’ of unemployed is groundwork for Covid-19 welfare cuts – Guardian
- Our relationship with China has become a complexity of its own, and Scott Morrison knows it – ABC, Tingle
…and furthermore…
- Making Multinationals and the Wealthy Pay – Project-Syndicate
- Coronavirus: Some experts fear Covid-19 the virus could bounce between humans and animals in the future – Stuff.co.nz
- Artificial intelligence’s great impact on low and middle-skilled jobs – Bruegel
- How banks affect investment and growth: New evidence – VoxEU
- The suppression versus mitigation dilemma – VoxEU
- Make Liberalism Great Again – Slate
- The Pandemic Should Change the Way We Talk About Dying – The Atlantic
- New strain of coronavirus spreads faster than original: study – DW
- Turkey’s strategic play in Libya to help reap economic gains – DW
Video
Mark Blythe has co-written a book titled ‘Angrynomics’ released a week or so ago. Here he is talking about it. Worth a listen.