Monday, April 20, 2020

Monday Evening Links

[Reuters] South Korean currency tumbles as unconfirmed report indicates that North Korea’s Kim Jong Un is seriously ill

[Reuters] Oil price crashes into negative territory for the first time in history amid pandemic

[Reuters] Plunge in U.S. oil prices sinks equities; bonds yields edge lower

[CNBC] Coronavirus live updates: Georgia governor says some businesses can reopen, California town to test every resident

[CNBC] The oil industry has never been in a crisis quite like this and many producers will not survive

[AP] Late-stage negotiations on $450B virus aid program drag on

[Reuters] Schumer urges Fed's Powell to open loan programs to nonprofits, local governments

[CNBC] Amazon warehouse workers plan nationwide protest this week to demand coronavirus protections

[CNBC] Coronavirus antibody testing shows LA County outbreak is up to 55 times bigger than reported cases

[Reuters] Argentina creditors refuse to tango on debt restructuring proposal

[Bloomberg] Oil Plunges Below Zero for First Time in Unprecedented Wipeout

[Bloomberg] China Creditor Squeeze Prompts Slowdown in Record Bond Defaults

[Bloomberg] Emerging Markets Have Never Experienced A Crisis Like This Before

[WSJ] Stress Endures in Market Where Big Companies Turn for Cash

[WSJ] States Burn Through Cash for Unemployment Payments

[WSJ] In Race for Small-Business Loans, Winning Hinged on Where Firms Bank

[FT] Goldman sees spike in payment holiday requests from retail customers