Macro, Markets & Investing
- Morgan Stanley: China commodity jumps stun world markets – Bloomberg
- Danger signs in the worlds top housing market – Bloomberg
- All diesel cars exceed pollution limits – The Guardian (bring on the Teslas!)
- US to undermine Russian gas in Europe – OilPrice
- Cost of solar panels has reduced by 80% since 2010 – The Economist (imagine if we tried it here….)
Asia/Middle East
- China stocks falls as commodity futures crackdown bites hard – Bloomberg
- RBS sees Black Swan risk from China non-bank loans – Bloomberg (you don’t say?)
- Bank of Japan owns half the country’s EFTs! – Bloomberg
- North Korea tests submarine launched solid fuel missile – The Diplomat
- As President Obama dismisses nuclear test talk from NK – BBC
- Speaking of despot nations ruled by barbarians: Saudi Arabia a land of hot air – Zero Hedge (good read)
- As the barbarism continues, jailing a human rights activist for 9 years for “insults” – ABC
Europe
- Austrian far right parties win elections – BBC (hear that, that’s history repeating…)
- Odds move sharply for Britain to stay with in EU – Yahoo
Americas
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- Yellen’s scope for summer rate hike widens – Bloomberg
- Police sweep Brazilian streets clean of homeless, children before Olympics – RawStory (thats kind of sick..but all hail the mighty sport dollar – and that medal tally – gotta win the medal tally Straya!)
- Obama administration to release 28 page document that may expose Saudi involvement in 9/11 – AP
- Kasich and Cruz team up to take on Drumpf – FT (this could work, but then you’d have Cruz…shiver)
- Why cheap oil hasn’t saved the US economy – QZ
Terra Incognita
- Tax benefits for top earners costs country $11billion a year – Peter Martin
- Disgusting Turnbull Tartup of negative gearing extends to using Anzac Day as crutch – TheAge (For shame…)
- Oil sector in full blown crisis – Fairfax
- The real estate boom is OVER says Alan Kohler – phew… where to now? Real investment? Nah.
- We spend too much on ANZAC, not enough on looking after veterans – John Bale (hear, hear…its a bit macabre now, too much celebration, nowhere near enough introspection and thought about the here/now and future)
Interesting
- Japan’s stealth fighter prototype takes first flight – Gizmag (long, long way off to F-35 type status)
- Glasgow University scientists crack brain’s Enigma code – Scotsman
- Massive coral reef found in Amazon River – CNN
- China celebrates Space Day and announces Mars Mission – CCTV (excellent!)