Laid Out, 1978, Robert Boynes, National Gallery of Victoria
China
- China economic growth holds steady at 6.7% in Q2 – Nikkei Asian Review
- What China’s Economic Growth Figures Mean – NY Times
- As China’s Economy Slows, Beijing’s Growth Push Loses Punch – NY Times
- How high can China’s population possibly go? Ambitious urban plan to house 3.4 billion people sparks concern – SCMP
- China’s second-quarter GDP rises 6.7 per cent but signs of weaker investment add to economic gloom – SCMP
- US, China clash over market economy status at WTO – SCMP
- Hot money pouring into Chinese luxury housing – SCMP
- China June investment growth cools to 9 percent year-on-year, missing forecasts – Reuters
- China set to become No. 2 market for chipmaking equipment – Nikkei Asian Review
- China’s Improving ROE, A Positive Sign? – Value Walk
- Graphic News: The Rise of “Land Kings” – Caixin
- Trouble at Yanhuang Chunqiu– Medium
- In China, ’Happy Gymnastics’ replaces grind of strict study– AP
- China’s Economy Stabilizes as Consumer Spending Perks Up– Bloomberg
- China’s June Trade Data– Council on Foreign Relations
- U.S., China clash over market economy status at WTO– Reuters
- China’s Q2 GDP holds steady, thanks to record stimulus – Market Watch
- China’s June crude steel output rises 1.7 percent on year, first-half output down 1.1 percent: stats bureau – Reuters
- China’s Factory Workers Head Home – Bloomberg
Asia
- Japan stimulus would try to boost infrastructure exports – Nikkei Asian Review
- Japan’s population drops for 7th consecutive year – Nikkei Asian Review
- Myanmar’s jade slump points to a pivot away from China – Nikkei Asian Review
- Russia Looks to Populate Its Far East. Wimps Need Not Apply.– NY Times
- Japan Confirms It Will Not Be Undertaking an Awesome Economic Experiment. Drat. – Slate
- Singapore official urges Asean members to aim for economic and financial union – SCMP
- OCBC Bank chief warns South China Sea ruling could be ‘potential flashpoint for the region’ – SCMP
- US-Japan group calls for finishing trade pact– Washington Post
- India’s big development plans could force more from homes, fuel tension: research– Reuters
- Time May Be Right To Reconsider Japan ETFs – ETF.com
- Malaysia’s New Central Bank Governor Leaves Economists Puzzled – Bloomberg
- Japan’s Chance to Resist a Turn to the Right – Bloomberg, Smith
- Silver Glut Swamps India as Buying Frenzy Passes Country By – Bloomberg
- Amid Talk of Money Helicopters, Abe Eyes Reboot of Economic Plan – Bloomberg
Europe
Advertisement
- Just how serious is Italy’s banking crisis? – Prospect
- Germany Is Now Getting Paid to Borrow Money, Because the World Economy Is Bizarre and Frightening – Slate
- Brexit: What now? – Value Walk…very good charts…
- Sovereign and banking risk: Completing the union and breaking the loop – VoxEU
- The China-Russia trade relationship and its impact on Europe – Bruegel
- EU finance ministers get tough with Italian bank trying for third bailout – Guardian
- Europeans are intensely emotional about free movement. They won’t give it up easily– The Telegraph
- Poverty in Italy at worst for 10 years in blow for PM Renzi– Reuters
- Investors will shun Europe’s ’golden visas’ after Brexit– CNN Money
- The Return of Ireland’s Housing Bubble – Project-Syndicate, Gerlach…very good read…
- The weakness of the German trade unions and the weakness of the euro zone – Flassbeck-Economics
- World War II Isn’t Quite Over for Poland and Ukraine – Bloomberg
- The Latest Weapon Russia Is Wielding to Punish Its Wayward Banks – Bloomberg
- Italy’s Banking Problem Is Serious but Not Intractable – Peterson Institute
- Brexit leaves EU’s Eastern Partnership stuck in limbo – BNE
- Meet the stoligarchs, Putin’s pals who control a fifth of the Russian economy – BNE, Aris
- Nearly three quarters of Russians feel they have no influence over country, poll finds – BNE
United Kingdom
- MPs decry ‘failed’ effort to stop UK property money laundering – Guardian
- Industrial strategy welcomed as part of government’s new business policy – Guardian
- George Osborne’s austerity choked off the recovery: Brexit is his legacy – Guardian
- Homeowners in northern England ‘most vulnerable to negative equity’ – Guardian
- Will the UK stand up to the protectionist impulse that drove Brexit vote? – Guardian
- The Blueprint for Brexit: how Britain will negotiate out of the EU and spend for the sake of the economy – Telegraph
- How to double your deposit and get on the property ladder in central London – Telegraph
- Five priority tasks that should be on the new Chancellor’s to-do list – Telegraph
- If monetary policy is to change, bring it on now – Telegraph
- After ‘Brexit,’ Britain Could Look to Norway as a Model – NY Times
- Bank of England Holds Key Interest Rate Steady Despite Uncertainty Over ‘Brexit’ – NY Times
- Britain’s new foreign minister avoided paying his U.S. taxes for years– Washington Post
- Boris Johnson ‘lied a lot,’ says French foreign minister– Washington Post
- A map of all the countries Boris Johnson has offended– The Independent
- Boris Johnson says Brexit vote does not mean leaving Europe ’in any sense’– The Independent
- Britain’s new foreign minister avoided paying his U.S. taxes for years – Washington Post
- UK interest rates held at 0.5%– BBC
- England needs to build 50pc more homes than Government’s target, says critical Lords’ report – Telegraph
- The U.K. Can’t Block Immigration If It Wants To Keep Its Finance Industry – FiveThirtyEight
- London Luxury-Home Sales Slump 43% as Brexit Vote Deters Buyers – Bloomberg
- Brexit signals that a new policy paradigm is required including re-nationalisation – Bill Mitchell…good read…
United States
- How Private Equity Found Power and Profit in State Capitols – NY Times…good read…
- Firms Offer Cash to Help New Lawyers Pay Student Debt – NY Times
- The Housing Market Is Waving a Red Flag– Bloomberg
- Why San Francisco needs the governor’s housing bill– SF Examiner
- A VP process spins out of control. Or did it?– Washington Post
- Democrats ‘freaked out’ about polls in meeting with Clinton– The Hill
- Newt Gingrich: We should ’test’ all Muslims in US, and if they ’believe in Sharia,’ deport them– Business Insider
- This Isn’t Funny Anymore. American Democracy Is at Stake.– Esquire
- National poll: Trump and Clinton locked in dead heat– Politico
- How Free Traders Fueled Trump and Can Beat Him– Cato
- How a Surprise Upturn in U.S. Growth Could Trigger the Next Recession – WSJ
- Foreign Investment in the U.S. Soars, Partly Because of a Tax Loophole – WSJ…and that money in Eire is coming from where?…
- US weekly jobless claims total 254,000 vs 265,000 estimate – CNBC
- Health care spending is projected to grow much faster than the economy – Washington Post
- US jobs and inflation data point to sustained growth and bolsters bets on rate increase by the Fed – SCMP
- Where the Old Will Soon Outnumber the Young – WSJ
- Federal Reserve policymakers signal no rush to raise U.S. rates – Reuters
- Millennials Need a New Housing Bubble – Bloomberg
Americas
Advertisement
- Economists go to battle over foreign investor influence on the housing market – Financial Post
- Mexico central bank flags further peso risk from Brexit, U.S. election– Reuters
- Vancouver housing: After dragging heels, Feds plan crackdown on tax cheats – Vancouver Sun
- “He Steals, but He Gets Things Done” – Slate…politics and public contracts is the path to wealth for second rate ‘entrepreneurs’ and the nations they prey on…
- Leak reveals secret tax crackdown on foreign-money real estate deals in Vancouver – SCMP
The Antipodes
- When general elections become buy-elections: PM’s million dollar baby – Fairfax...is Australia’s electorate an ‘asset’ for the PM?…
- Banks’ ‘low-risk model’ high risk for Australian economy – ABC
- The unfinished business of multinational tax avoidance – ABC
- Chinese tourists spend record amounts but Australian retailers risk missing the boom – ABC
- S&P’s warning of Australia’s rating downgrade hardly cause for panic – Guardian, Jericho
- Sydney, Melbourne house prices to flatline in 2017, says NAB – Domainfax
- Peter Martin: How to fix the budget and the budget office so our leaders tell the truth– The Age
- NBN Co signs billion-dollar HFC build deal – IT News
- Unique International College: $130 million ‘a huge number for a school on top of a shop’– The SMH
- Australia could soon get its own ‘dormitory towns’ thanks to fast rail – News.com.au
- Towers over 300m high in new Sydney plan– Sky News
- Mystery as South Australia pleads with gas generator to switch back on– Renew Economy
- China warns Australia: stay out of the South China Sea or risk damage to bilateral relations– ABC
- Housing market has softened but remains positive; Vic, Qld strong – ABC
- Businessman who produced fake work visa jailed – ABC
- Melbourne’s population ‘to double, Victoria to hit 10m’ – ABC…but what will they do?…
- Crackdown on betting websites allowing underage gamers to gamble – ABC
- Aurizon to cut 100 jobs in north Queensland, union says – ABC
- Bank industry reviewer says he will hold big four ‘to account’ – ABC
- HSBC warns on risks of housing market overheating– Interest.co.nz
- House prices still heading up even as sales numbers drop off – REINZ– Interest.co.nz
- Julie Bishop stands by South China Sea stance after sharp criticism from China – The Guardian
- Anthony Mundine named one of the world’s most overrated athletes– MSN
- New Zealand tightens trust laws after Panama Papers – Business Times
- Rate-rigging cases all hinge on CBA – AB&F
- Australia’s AAA credit rating under threat, but who cares? – Pearls & Irritations, Stephen Grenville
- Globalisation – winners and losers-a gathering storm of alienation – Pearls & Irritations, Menadue…he gets it…
- Faulty intelligence, or a war pre-ordained? – Pearls & Irritations, Paul Barratt
- A lovely war: The Chilcot report is a reminder of John Howard’s unapologetic and reckless enthusiasm for American wars – The Monthly, Mungo MacCallum…there was something very cringeworthy about the post Chilcot utterances of Australia’s most consummate bullshitter…
- Not much change on the labour front – Callam Pickering
- Rich lister: Tax system favours the wealthy – NZ Herald…when Stephen Jennings is saying this people should listen…
- Australian labour market – stagnating due to lack of overall spending – Bill Mitchell
Commodities
- Metals rebound restores some luster to lowly zinc and nickel – Financial Post
- Rare earth metals pay the price of previous excess – Reuters
- La Niña effects alive and well across U.S. corn, soy belt – Reuters
- U.S. refiners pay price for making too much gasoline – Reuters
- Japan’s aluminum fabricators beef up U.S. output, betting on rising auto use – Reuters
- Coal prices bounce back this year, but not for good – Reuters
- Oil Is Facing The Perfect Storm – OilPrice.com
- The Glut Is Far From Over As Offshore Oil Storage Continues To Swell – OilPrice.com
- The Fuel That May Halt The Electric Car Revolution – OilPrice.com
- Copper in London surges above $5 000 on bets of global stimulus – Mineweb
- The volatile history of crude oil markets – Mining.com…good graphic…
- Make China drop export duties on copper and other minerals: US to WTO – Mining.com
Capital Markets
Advertisement
- Sorry, You’re Just Going To Have to Save More Money– WSJ
- Behind the Bond-Stock Divide Is a Big and Risky Bet on Central Banks– WSJ
- Overcoming Our Inordinate Fear of Inflation– Bloomberg
- Bond Traders See Helicopters Loaded With Money– Bloomberg
- Gold & World’s Debt Problems– goldsilver.com
- Differences & Similarities In The Global Search For Yield – Value Walk
- Reconsidering Corporate Bonds – ETF.com
- The reluctant defaulter: A tale of high government debt – VoxEU
- Sure, the Market’s Overbought, and It Can Stay That Way Longer Than You Think – WSJ
- Could Hensarling’s Dodd-Frank “Off-Ramp” Work? – Project-Syndicate, Roe
- Nobel economist Paul Krugman says zero interest rate environment the ‘new normal’ – SCMP
Global Macro
- Despite warnings of fire and brimstone, central bankers choose to play waiting game on rates – Financial Post
- Markets ditch fear for greed, but the chorus of caution is growing louder – Financial Post
- Sovereign and banking risk– VOX
- A Cheerleader for Globalization Has Second Thoughts– Bloomberg
- Why Brexit Won’t Stop Globalization– Bloomberg
- Google Faces New Round of Antitrust Charges in Europe – NY Times
- What Countries Attract Most Foreign Investments? – Value Walk
- Online prices are showing signs of deflation – CNBC
- Global trade plateaus – VoxEU
- Brexit vote boosts case for inclusive growth – Bruegel
- Accelerating Financial Sector Development to Boost Growth in Sub-Saharan Africa – EconoMonitor
- Brexit, Trump, and Globalization’s Have-Nots – Project-Syndicate, Frankel
- What’s the Problem With Protectionism? – Project-Syndicate, Eichengreen
…and furthermore…
- The Capitalist’s Imagination – The Atlantic…great read, there is a lot of fiction in economics…
- Investors Get Stung Twice by Executives’ Lavish Pay Packages – NY Times
- Impact of pollution on worker productivity– VOX
- Poor at 20, Poor for Life– The Atlantic
- Poorer than their parents? A new perspective on income inequality– McKinsey
- Poor at 20, Poor for Life – The Atlantic
- Why You Should Believe in the Digital Afterlife – The Atlantic
- Foreign Hackers Target Thousands of Gmail Users Every Month – The Atlantic
- The Unbearably Slow Adoption of Genetic Cancer Tests – The Atlantic
- Drinking Wine From Cans Is Now Popular and Acceptable – Slate
- The diversity of life across much of Earth has plunged below ‘safe’ levels – Washington Post
- The 7 biggest problems facing science, according to 270 scientists– VOX
- Tesla’s Autopilot: Too Much Autonomy Too Soon– Consumer Reports
- China’s Influence on Hollywood Grows– WSJ
- The Abdication of the Left – Project-Syndicate, Rodrik
- Truck Attack in France Shows Limits of Global Hunt for Terrorism– WSJ
- New Australian study says humour at work is key to successful customer engagements – SCMP
- One of Facebook’s biggest accomplishments: Paying far lower taxes – LA Times
- From dealing death to herding cattle, robots report for duty – CBS
- Designing effective automatic stabilisers of the business cycle – VoxEU
- Why a Universal Basic Income will not work – Flassbeck-Economics
- The President of Belgian Magistrates: Neoliberalism is a form of Fascism – Defend Democracy
News of the moment – there is a coup underway in Turkey
Advertisement
- Coup attempt in Ankara throws Turkey into chaos – BNE Intellinews
- Turkey’s Army Says It Seized Power as Premier Vows to Resist – Bloomberg
- Turkey army says it seizes power; Erdogan says: “We will overcome this” – Reuters
- Turkey army group announces takeover on TV – BBC
- Erdoğan calls on citizens to streets, airports to resist against coup attempt – Hurriyet Daily News
- Military attempt to seize power in Turkey – Deutsche Welle
