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Ray Dalio still thinks ‘cash is trash’ as printing presses roll
economictimes.indiatimes.com

I think a lot about what money is worth and believe that it has no intrinsic value, says Dalio.

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Covid-19 the last nail in the coffin, say MSMEs
economictimes.indiatimes.com

Covid-19 the last nail in the coffin, say MSMEsDespite the hype around MSMEs being the backbone of the economy, in this hour of need, there has been little or no assistance from the government.

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Aggressive restrictions notably slow coronavirus in California tech hub
www.investing.com
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Ecuador builds emergency cemeteries due to coronavirus outbreak
www.investing.com
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Athletes step up to help fight coronavirus in Brazil
www.investing.com
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Trump removes top coronavirus watchdog, widens attack on inspectors general
www.investing.com
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Tesla to furlough workers, cut employee salaries due to coronavirus
www.investing.com
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Equinox told contractors not to expect payments until further notice amid coronavirus outbreak
fortune.com

Equinox sent letters to contractors last month, informing them that the luxury fitness company would not be fulfilling invoice payments until further notice. The New York-based company confirmed the action to Fortune on Tuesday, pointing toward the coronavirus outbreak and subsequent shutdowns affecting businesses around the world as contributing factors. “Equinox has temporarily halted payments […]

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Why the U.S. shouldn’t let China dominate the digital currency race
fortune.com

Eventually, when the coronavirus crisis ends, a vital question will hang over the world financial system: What comes next? As with the 2008 financial crisis, a domino effect will expose flaws in the system. As panicked markets prompt central banks to deliver unprecedented monetary stimulus, a vicious cycle of competing currency depreciations will ensue, benefiting […]

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