Your Daily Scan of the New Global Economy

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Australia
Australia's largest organic dairy company in the hands of administrators, owing millions The nation’s largest organic dairy company, Organic Dairy Farmers of Australia, is owned by farming families which administrators say are owed millions. Posted: May 26, 2020 2:28 am by ABC.net.au
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Tasmania to introduce fuel-price reporting to push down bowser costs Real-time, mandatory fuel-price reporting will be set up in Tasmania after the State Government declares prices have remained too high during the coronavirus pandemic. Posted: May 26, 2020 1:25 am by ABC.net.au
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'Go and talk to your own Premier': Annastacia Palaszczuk fires back at Federal Tourism Minister Queensland Premier Annastacia Palaszczuk lashes out at accusation’s she’s “pretending” Australia hasn’t had success in tackling coronavirus as justification for the keeping the state’s borders closed. Posted: May 26, 2020 1:04 am by ABC.net.au
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Mascot Towers owners to sue neighbouring development over cracks Apartment owners in Sydney’s troubled Mascot Towers vote to sue the developer of a neighbouring building, claiming it’s “not a coincidence” their homes started cracking while excavation work was conducted next door. Posted: May 26, 2020 12:46 am by ABC.net.au
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ASX to rise above 11-week high with investors hopeful about COVID-19 recovery The Australian share market trades at its highest level in almost three months as investors continue to be fairly optimistic about the economic recovery from COVID-19. Posted: May 25, 2020 9:40 pm by ABC.net.au
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Will a New Find Push the Chalice Share Price Past Resistance? Earlier this month we noted the rapid rise of the Chalice Gold Mines Ltd [ASX:CHN] share price. But things began to cool down a couple of weeks later and the share price seemed to meet some resistance. This morning, CHN is up 2.17% or...
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Negative Gas Prices? It’s a Very Real Possibility  It’s been a little over a month now since oil markets shocked the world.  In late April, oil futures contracts dipped into the negative. A spectacular implosion that meant oil suppliers would pay you to take their oil.  It was as bizarre as it was troubling.  A scenario that proved just...
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A Cascade of Complex Systems: What Does It All Mean for Investors? What just happened…? April 2020 was a blur of spreading infections, rising fatalities, personal lockdowns, and an utterly devastating economic collapse. It’s one thing to follow the headlines and keep up with the news. It’s quite another to comprehend what just happened and...
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Loch Ness Monster Surfaces on Central Bank Balance Sheets And you thought Nessie wasn’t real. But now, we finally have proof, right here in this chart: Source: The Market Ear [Click to open in a new window] Do you see the distinctive shape? The humps and the long neck? The fins and the tail? Who...
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AUD Slips from 10-Week High, What This Means for the Gold Price If you’ve been keeping a close eye on the price of gold during its meteoric rise, then you might have noticed it took a tumble earlier in the week. The gold price in AUD terms has fallen 1.83% over the past five days,...
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