Global Macro / Markets / Investing:
- Most Western economies sweeten the cost of borrowing. That is a bad idea – The Economist
- Oil jumps to near $50 after API reports big U.S. stockpile draw – Reuters
- Urban Living Becomes a Luxury Good – Bloomberg
- Why the title of ’developing country’ no longer exists – The Telegraph
- Why Villains Weren’t Punished in the Financial Crisis – Bloomberg
- Deflation is dead – Business Insider
Americas:
- Obama promised transparency. But his administration is one of the most secretive – Washington Post
- The massive scale of the Clintons’ speech-making industry – Washington Post
- What’s driving Silicon Valley to become ‘radicalized’ – Washington Post
- Clinton has a new weapon against Trump: Elizabeth Warren – Washington Post
- More Young Adults Now Live With Parents Than Partners – Bloomberg
- Ending an Unhealthy Obsession With the Fed – Bloomberg
- Transcript Suggests a Plot Behind Effort to Oust Brazilian President – NY Times
Europe:
- IFS warns Brexit would extend austerity for two more years – The Guardian
- Draghi in QE Quandary After Draining Bond Market by $800 Billion – Bloomberg
- Euro zone approves new Greek aid package – CNBC
- Portuguese spy caught passing ’Nato secrets’ to Russian handler in Rome – The Telegraph
- Russia Sells $1.75 Billion in First Eurobond Since Sanctions – Bloomberg
- Eurogroup meets on Greece bailout amid IMF tensions – The Guardian
Asia:
Advertisement
- China’s wary lenders force rust-belt country to take expensive shadow bank loans – Reuters
- China Weakens Yuan Fixing to Lowest Since 2011 as Dollar Climbs – Bloomberg
- China’s central bank fixes yuan at 2011 low against dollar – CNBC
- Can we please stop holding up China’s schools as a model for the U.S.? It’s ridiculous. – Washington Post
- China Is Pivoting Away From Imports, Not Just Rebalancing Away From Exports – Council on Foreign Relations
- China’s Richest Man Just Picked a Fight With Disneyland – Fortune
Trans-Tasman:
- It’s time Australians looked more closely at our privileged ruling class – The Guardian
- Optus ‘secretly’ cuts user’s broadband speed as support for ACCC’s performance monitoring grow – The SMH
- Spot the difference: Where the parties diverge on policy – ABC News
- NSW ranked worst state for renewable energy in Climate Council report – ABC News
- Australia Officially Abandons Three-Strike Anti-Piracy Scheme – Torrent Freak
- Melbourne Metro Rail construction to cause traffic disruptions, Minister warns – ABC News
- Govt reveals full 20-year cost of tram project – Canberra Times
- Meet our youngest property moguls – Canberra Times
- $A could head to US50¢ – Canberra Times
- Big Four Banks get $3.8 billion taxpayer free kick – The Australian
- BBSW was ‘full flack jacket stuff’ – The AFR
- Sydney apartments ‘at risk’ of oversupply – The AFR
-
NZ$5,000 offer to Auckland homeless to leave – Interest.co.nz
-
Key brushes off falling home ownership rates – Interest.co.nz
Other:
- Hot new solar cell – MIT
- Tesla Tests Self-Driving Functions with Secret Updates to Its Customers’ Cars – Technology Review
Today’s funny video:
Advertisement