Macro Markets, Economics & Investing
- OPEC regains relevance as oil cuts spur backwardation – CNBC
- Summers says markets underestimating risks of Trump Presidency – Bloomberg (relax, I’ve built a bomb shelter…)
- Bitcoin Price Soars, Fueled by Speculation and Global Currency Turmoil – NYT
Asia
- China has launched a direct rail freight service to London, being cheaper than air freight and faster than sea – BBC
- China warns Donald Trump not to ‘Escalate’ North Korea situation with erratic tweets – Time (relax, he has the best tweets, they’re fantastic)
- China goes on $26 trillion commodity buying spree amid shortage concerns – Bloomberg’
- Singapore house prices fall for third year as government curbs bite – Bloomberg (macroprudential works?)
Europe/Middle East
- Saudi Arabia jails and flogs workers for unpaid wage protests – MiddleEastEye (charming country)
- Israeli forces and security guards have killed 32 Palestinian children in the occupied West Bank, including East Jerusalem, in 2016 – DCI Palestine (but they’re a democracy, so it doesn’t count)
- New Italian PM Orders Mass Deportations of Migrants, Detention Centers Included – Townhall (in a nation with population growth in reverse? hmmm)
- Brexit: UK’s top EU diplomat Sir Ivan Rogers resigns – BBC News
- No ‘Bayxit’ for you: A man’s attempt to hold a Brexit-style referendum on whether Bavaria should remain in Germany has been rejected by the country’s Constitutional Court. – The Local (don’t ruin the Mark scam!)
- Poland’s foreign minister calls EU’s Donald Tusk an ‘icon of evil and stupidity’ amid fraying relations between Brussels and Warsaw – Telegraph
Americas
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- Mexicans outraged as gas deregulation brings steep price hikes – UPI
- Morgan Stanley – buy the election, sell the inauguration – CNBC
- Vermont governor issues 192 pardons for minor pot crimes – SFGate (the anti-marijuana cause is cracking…)
- Trump claims his briefing on Russian cyberattacks was delayed, but US intelligence officer says otherwise – Business Insider (you mean the Donald lied? I’m shocked and stunned)
- The Era of Republican Overreach Begins – The Atlantic (do Americans get the government they deserve?)
Terra Nullus
- Indonesia suspends military cooperation with Australia – ABC (not sure what’s more bewildering about this – the overreaction by Indonesia, or the alt-right locals)
- Government backs $100 billion coal plan – The Australian (nuts)
- Bank reforms put on hold – The Australian
- Australian companies negligence on tackling climate change will cost us – The Age
- 2017: Welcome to the Year of the Renter – The Age (oh really? I doubt it until there’s a definite tenants right overhaul)
Other:
- Researchers have classified a brand-new organ inside our bodies, one that’s been hiding in plain sight in our digestive system this whole time – Science Alert
- Anti-surveillance clothing aims to hide wearers from facial recognition | Hyperface project involves printing patterns on to clothing or textiles that computers interpret as a face, in fightback against intrusive technology 0 The Guardian
- Researchers get first look at new, extremely rare galaxy (Hoag-type) – Physic.org
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