The remarkable story of Do Kwon and his incredible cryptocurrency
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Economics
Hong Kong Free Press: Hong Kong Budget 2020: HK$10,000 cash handouts for all adult permanent residents among raft of relief measures
Helicopter Money has landed. Apparently Singapore and Macau are following suit. Read here
Austerity
The Independent: Reject austerity to defeat populism, Portugal’s socialist prime minister António Costa tells EU
Portugal has abandoned austerity – maybe not in a radical manner – but even then the nation’s citizens and economy are faring much better than it ever did under austerity. Read here
Finance
Instituional Investor: Norway Blocks Wealth Fund From Investing in Private Equity
The country’s finance ministry cited fees and lack of transparency as reasons not to invest in unlisted equities. Read here
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