Now with a few extra from gunna….
That pic is one of DE’s own, taken here
Global Macro / Markets / Investing:
- Google Adds a Record $60 Billion to Its Stock in One Day – Bloomie
- The end of capitalism has begun – Guardian
- Crude spreads remain firm in the face of ‘massive oversupply’ – Reuters
- Bird flu sends egg prices soaring – CBS
- Doubling down on a summer correction – Market Watch
North America:
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- Silicon Valley Doesn’t Believe U.S. Productivity Is Down – WSJ
- Fed rate hike fears ripple through Canada, world -CNBC
- Fed proposes tweaks to stress test rules for banks – Reuters
- U.S. inflation, housing data bolster rate hike argument – Reuters
- America’s new child care crisis: parents’ hours – CBS…a big problem in Australia too…
- The mystery of sluggish wage growth – CBS
Europe:
- Greece and Europe: Is Europe holding up its end of the bargain? – Ben Bernanke – Brookings
- A Government Divided: Schäuble’s Push for Grexit Puts Merkel on Defensive – Der Speigel
- Interview with Wolfgang Schäuble: ’There Is No German Dominance’ – Der Spiegel
- Greece budget update – Bruegel
- Greek PM Tsipras sacks leftist party rebels in reshuffle -Reuters
- The euro is a disaster even for the countries that do everything right– WaPo
- Spain’s €1bn airport sells for bargain €10,000 – The Local
- Italy’s public debt reaches new record high – Times Union
- EMU brutality in Greece has destroyed the trust of Europe’s Left -Ambrose
- The Leaders of Greece Are Some of the Phoniest Idealists You’ll Ever See – Alternet
- Majority of Syriza central committee reject austerity deal -Redline
- Greece Is Now A Full-Blown Humanitarian Crisis – In 9 Charts – ZH
- Greece made the wrong choice – Reuters
- This was the week the European dream died its deserved death – Market Watch
Asia:
- China Unleashes $483 Billion to Stem the Market Rout – Bloomie
- China’s real estate, credit and investment bubble risks global recession – SMH
- China banks lent $209bn for stock rescue – FT
- China Updates Gold Reserves, First Time in 6 Years -Bullion Baron
- China finally says how much gold it has, but nobody believes it – Market Watch
- Japan Moves to Allow Military Combat for First Time in 70 Years -NYT
- Interpreting information in China’s stock markets – Michael Pettis… good read…
- Asia’s View of the Greek Crisis – Project-Syndicate
- The Contradictions of China’s Communist Capitalism – Project-Syndicate
Local:
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- Tony Abbott’s rash high-wire attack on fairness is missing a safety net – SMH
- China hits back on Labor’s free trade attack – AFR
- Bronwyn Bishop expense scandal investigation in the hands of Finance Department – SMH
- Deposit hurdles get higher– SMH
- Cheer up, pessimists – it’s not all good– SMH
- The economics of environment – Gittins
- Shorten urged to show mettle on China -Oz
- Low mortgage rates, not tax, the housing culprit -AFR
- Bronwyn Bishop should depart the Speaker’s chair – The Age
- Anti-racism protesters reportedly clash with rival group as rallies kick off nationwide– ABC
- Reclaim Australia, No Room for Racism rally in Melbourne – The Age
- Clean Energy Bank chief warns of renewables market collapse – Climate Spectator
- Grape growers optimistic as price rises and dollar falls – AFR
- Home buyers’ deposit hurdles getting higher – The Age
Other:
- Polar bears fail to adapt to lack of food in warmer Arctic– BBC
- Scientists discover seaweed that tastes just like fried bacon – Inhabitat
- They Knew, They Lied: ExxonMobil and Climate Change – Truthout
- Litigation Costs Drag Down Goldman Sachs’s Earnings -NYT
- First-ever cannabis commercial to air on American TV – Market Watch…hey wow…
- Tesla adds powerful ‘Ludicrous Mode’ to already-fast Model S – Japan Times
- The Imperator Strikes Back (Mad Max/Star Wars Mashup) – youtube
Chuckles…
- Turnbull Says It’s Absurd To Charter A Chopper From Melbourne To Geelong: “Why Not Just Use Your Own?” – Shovel
- Browyn Bishop forced by backlash to take ‘Plan B’
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