Global Macro/Markets
- El Nino to be strongest in decades as food shortages loom – BBC (more on this today actually)
- Bill Gross says Fed tightening would create new cycle of instability – Reuters (understatement)
- World faces third deflationary wave on emerging market crisis – FT (must read)
- How natural resources breed violence, especially in Africa – The Economist
Europe/Middle East
- Netanyahu says just shoot Palestinian kids throwing stones – BI (nice guy)
- Can’t have a flag either, says Israel – IBT (I’m thinking of a word that rhymes with hunt here…)
- As Gaza to become inhabitable within 5 years, says UN – BI
United States/Americas
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- US private sector adds 190K jobs in July – Reuters
- Fed dove Rosengren says inflation doubts should keep rate hikes at bay – Bloomberg
Asia
- This is what China’s version of QE looks like – Bloomberg
- Japans military wants record budget for next year – The Diplomat (watch the timing of that fellahs…)
- China is scaring away investors with its interventions in stocks – The Economist
Down Under
- Young women are the biggest losers in superannuation system – AFR (so much reform needed, its not funny)
- Tony Windsor poised to challenge Barnaby Joyce – The Age
- Australia’s biggest investor shows how to manage risk – AFR
- Investor interest rates could catch out some property investors – AFR (oh dear, someone think of the children)
- Income squeeze worsens as economic decay sets in – but Hockey says all is well – AFR
…and furthermore…
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- Is social media ruining politics? Politico – only if you think you’re on the losing side…
- September 2, 1945 when Japan surrendered – The Diplomat (will the pacifism continue?)
- First Tesla Model X SUV ready to go, colors, “ludicrous mode” – Bloomberg (oh yeah!)
- Everything is awesome as Lego sales go through the roof – Bloomberg