We had one central bank – the Bank of Japan – defying the consensus of central banks, the IMF, and taking on the financial markets and holding interest rates unchanged for the duration of this episode to date.
Economics
Michael Roberts: The productivity puzzle again
A long but interesting piece concerning the downturn of productivity, especially in Britain. Perfect for the weekend. Read here
Geopolitics
AP: Activists stopped in Libya and Egypt ahead of planned march on Gaza
Egyptian authorities detained more activists planning to march to Gaza in protest of restrictions on aid reaching the territory, while security forces in eastern Libya blocked a convoy of activists en route to meet them. […]
Economics
Prem Sikka: 8 measures the government must take to save the economy from coronavirus
The stuttering economic response of the UK government to the coronavirus crisis is disappointing. Read here
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