Thread by @C_Barraud

🌎 It's now time to create a new tweetstorm more focused on 2Q impact.

https://twitter.com/C_Barraud/status/1221699025512095744

🇩🇪 #GERMANY TO EXTEND CORONAVIRUS RESTRICTIONS TO END-EASTER: NTV

🇩🇪 #GERMANY EXTENDS NATIONWIDE LOCKDOWN UNTIL APRIL 19 - BBG

🇺🇸 #Florida governor issues stay-at-home order - Axios
axios.com/florida-govern…

🇺🇸 S&P, Moody’s Cut Credit Grades at Fastest Pace In a Decade - Bloomberg
*Downgrades outpace upgrades by more than 3 to 1 to start year
*Link: bloom.bg/39yCu56

🇨🇳 County in #China locks down amid concerns of potential second coronavirus wave - Fox News
*Roughly 600,000 residents near the city of Pingdingshan in Jia County were told to stay home as curfew measures went into effect Tuesday.
foxnews.com/world/china-co…

🇲🇽 Mexican government forecasts economy will contract as much as 3.9% in 2020 - Reuters
reuters.com/article/us-mex…

🇷🇺 *PUTIN EXTENDS STAY-AT-HOME IN #RUSSIA UNTIL APRIL 30 OVER VIRUS - BBG

🇩🇪 #Germany Expects Economy to Shrink More Than 5% on Virus Hit - Bloomberg
bloomberg.com/news/articles/…

🇺🇸 Apple Tells Staff U.S. Stores to Remain Closed Until Early May - Bloomberg
bloomberg.com/news/articles/…

🌎 Global Cost of Coronavirus May Reach $4.1 Trillion, ADB Says - Bloomberg

➡ In my opinion, ADB remains optimistic. Current indicators already suggest that the final cost will be larger than their highest estimate.

bloomberg.com/news/articles/…

🇯🇵 *LDP OFFICIAL SAYS #JAPAN MAY DECLARE EMERGENCY 'ANY DAY': NIKKEI
asia.nikkei.com/Spotlight/Coro…

🇸🇬 #SINGAPORE TO CLOSE MOST WORKPLACES EXCEPT ESSENTIAL SERVICES - BBG
*LEE: CLINICS, SUPERMARKETS, HOSPITALS, UTILITIES TO REMAIN OPEN
*SINGAPORE TO MOVE TO FULL HOME-BASED LEARNING FOR SCHOOLS

🇮🇳 The lockdown in #India’s financial capital #Mumbai to curb the spread of the coronavirus may be extended by a few weeks beyond April 14, the Hindustan Times newspaper reported, citing Rajesh Tope, the health minister of Maharashtra state.
hindustantimes.com/india-news/mah…

🇪🇺 Landlords in Peril as Chains Like H&M Refuse to Pay Rent - Bloomberg
*Link: bloom.bg/39KXzcu

🇪🇸 #Spain government to extend state of alarm until April 26 – El Pais
english.elpais.com/politics/2020-…

🇭🇰 #HongKong Faces Delays in Giving Cash Away With Virus Hitting Economy - Bloomberg
*Link: bloom.bg/3aJi8rf

🇭🇰 #Coronavirus: #HongKong may have to impose wider lockdown, government adviser says, amid warnings of third wave of outbreak - SCMP
scmp.com/news/hong-kong…

🇯🇵 #Japan PM Abe to declare state of emergency as early as Tuesday - Yomiuri
*Link (Japanese): yomiuri.co.jp/politics/20200…

🇮🇹 #Italy starts to look ahead to 'phase two' as #Covid_19 death toll slows - Reuters
uk.reuters.com/article/uk-hea…

🇯🇵 #JAPAN | ABE TO BRIEF MEDIA ON EMERGENCY DECLARATION AT 5:50PM JST: KYODO

🇯🇵 #JAPAN | ABE TO PROPOSE ABOUT 1 MONTH EMERGENCY PERIOD TO COMMITTEE: NHK

🇦🇹 #Austria Opens the Door to Easing Lockdown After Containing Virus - Bloomberg
bloomberg.com/news/articles/…

🇪🇺 #Europe prepares to ease coronavirus lockdowns - FT
ft.com/content/1fa5ae…

🇫🇮 #FINLAND TO EXTEND BORDER CLOSURES TO MAY 13: INTERIOR MINISTER - BBG

🇮🇩 #Indonesia approves large-scale social restrictions for #Jakarta - media - Reuters
uk.reuters.com/article/uk-hea…

🇮🇹 #ITALY MAY START GRADUAL END OF LOCKDOWN ON MAY 4: CORRIERE

🇨🇳 *ACCOR CEO: BUSINESS IN #CHINA IS "SLOWLY BACK" - BBG

🇩🇪 #GERMANY | *ALTMAIER: NOT ENOUGH DATA TO SUPPORT LOOSENING RESTRICTIONS - BBG
*ALTMAIER: COMPANIES MUST BE ABLE TO RESTART OUTPUT VERY SOON

🇯🇵 #JAPAN | ABE: EMERGENCY TO LAST A MONTH IN #TOKYO, 6 OTHER PREFECTURES - BBG

🇺🇸 #Trump Team Preps Plans to Reopen Economy That Depend on Testing - Bloomberg
bloomberg.com/news/articles/…

🇮🇹 #ITALY MAY NOT REOPEN SCHOOLS BEFORE SEPTEMBER: CORRIERE

🇯🇵 #Japan’s Economy in Emergency Set to Shrink 25%, Goldman Says - Bloomberg
*Link: bloom.bg/2Vbiosn

🇯🇵 #JAPAN MAR ECO WATCHERS CURRENT SURVEY: OUTLOOK SURVEY: 18.8 V 20.0E (lowest on record)

🇩🇪 #GERMANY | *NORTH RHINE-WESTPHALIA PREMIER ARMIN LASCHET SPEAKS ON ZDF - BBG
*LASCHET: SMALLER STORES COULD OPEN AGAIN FROM APRIL 20

🇫🇷 FRENCH ECONOMY SHRANK 6% IN 1Q, BANK OF FRANCE ESTIMATES - BBG
*BANK OF #FRANCE: 2020 GDP LOSES 1.5% FOR 2 WEEKS OF CONFINEMENT

🇫🇷 *BANK OF #FRANCE SAYS LOCKDOWN COSTS ECONOMY 32% OF ACTIVITY - BBG

https://twitter.com/C_Barraud/status/1247772867917262857

🇫🇷 BOF’s estimate of a 6% ⬇ is the latest indicator of the severity of the shock to 🇪🇺 economies from a simultaneous collapse in demand and supply. Such a GDP ⬇ from one quarter to the next would be comparable only to the 5.3% recorded around the strikes of May 1968 - Bloomberg

🇫🇷 🌎 It reinforces my view that economists are still too optimistic about 2020 GDP forecasts for #France and elsewhere (bit.ly/2UU8qwK).

https://twitter.com/C_Barraud/status/1247774090787565568

🇩🇪 #GERMANY LEADING INSTITUTES SEE ECONOMY SHRINKING 4.2% IN 2020 - BBG
*GERMAN INSTITUTES SEE ECONOMY SHRINKING ALMOST 10% IN 2Q

🇩🇪 #Germany | Looking at the details of the 2020 GDP forecast of the Halle Institute for Economic Research (-4.2%), it looks particularly optimistic (V shape recovery).
*Link (p.34): bit.ly/2XjTSb2

🇺🇸 *FAUCI: BEYOND THIS WEEK, SHOULD SEE BEGINNING OF TURNAROUND - BBG
*NO DOUBT MODELS SHOWING LOWER DEATHS DUE TO DISTANCING: FAUCI

🇮🇳 #India | #Oil demand in the world’s third-biggest consumer has collapsed by as much as 70% as India endures the planet’s largest national lockdown, according to officials at the country’s refiners - Bloomberg

🇨🇭 *SWISS TO EXTENT LOCKDOWN UNTIL APRIL 26, START EASING IN APRIL - BBG

🇨🇭 *SWISS GOVT: WORST-CASE SCENARIO IS FOR 10.4% GDP DROP THIS YEAR - BBG

🌎 *WORLD #OIL DEMAND SEEN DOWN 24M B/D IN APRIL: FGE - BBG

🇦🇺 Reopening of #Australia's economy may begin in South Australia - Daily Telegraph
dailytelegraph.com.au/news/nsw/how-a…

🇫🇷 #FRANCE SEES FY GDP DOWN 6%, GOVT DEFICIT 7.6% OF GDP, DEBT 112% - BBG

🇪🇺 #Europe Is Looking at Several More Weeks of Virus Lockdowns - Bloomberg
bloomberg.com/news/articles/…

🇮🇹 #Italy Extends Lockdown to May in Signal to European Business - Bloomberg
*Italy extended a national lockdown until May 3.
bloomberg.com/news/articles/…

🇨🇳 #Coronavirus: demand shock to ‘add frost to the snow’, as #China’s trade economy struggles to recover - SCMP
scmp.com/economy/china-…

🇺🇸 De Blasio Says #NewYork Public Schools Won’t Reopen Until September - WSJ
wsj.com/articles/new-y…

🇦🇺 Australians will have to wait until the end of this year or beyond to restart overseas travel - SMH
smh.com.au/politics/feder…

🌎 🇻🇳 World’s Biggest Maker of Sneakers Asked to Halt #Vietnam Ops - Bloomberg
bloomberg.com/news/articles/…

🇮🇳 #India’s Nationwide Virus Lockdown Set to Extend to April 30 - Bloomberg
bloomberg.com/news/articles/…

🇺🇸 #Fed Kashkari Says U.S. May Face 18 Months of Rolling Shutdowns - Bloomberg
bloomberg.com/news/articles/…