Global Macro & Markets
- The slowdown in global trade is bad news for emerging markets – The Economist
- Glencore stock slumps to record low – Bloomberg
- ANZ lowers iron ore forecasts – AAP/BS
- Volkswagen Says 11 Million Cars Worldwide Are Affected in Diesel Deception – NY Times…can any company or any company management really be trusted?…
- VW admits emissions scandal reaches across the globe – CBS
- China steel, iron ore futures slip further – SCMP
- Copper market may get a 2003-style supply shock from Glencore closures – Reuters
Asia/Middle East
- Alarm bells over Middle East water supply – New Security Beat
- More on China’s huge military parade – The Diplomat
- China to grow at less than 7% officials say – GlobalTimes
- Chinese shipping firms, Greece’s Dynagas in talks to build Arctic LNG vessels – SCMP
Europe
- Why VW share price has fallen so sharply – The Economist
- ‘Made in Germany’ lies in the ‘gutter’ after Volkswagen caught cheating – Telegraph, AEP
- Osborne’s deficit plans suffer setback as UK borrowing rises and tax receipts stall – Telegraph
- No sign of runaway inflation, despite ‘robust’ UK growth, says Bank deputy – Telegraph
Americas
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- US/China restart climate change talks – IB Times
- Prejudice is rampant in Republican presidential race – BI
- Why Americans are spending more and more on rent – Washington Post
- The Rage of the Bankers – NY Times, Krugman
Terra Incognita
- Credlin not to run for politics – Business Spectator
- With PM Turnbull, the adults are really back in charge – Business Spectator
- Greg Hunt very supportive of renewable energy sector – AFR
- Malcolm Turnbull’s coup against Abbott sets off ‘civil war’ in News Corp Australia – Guardian
- Turnbull and Morrison must fix the housing crisis before the bubble bursts – Guardian, Lindsay David…all too late now…
- Morgan Stanley says Australian housing boom has peaked – Fairfax
- Dear Scott, here’s the way to go – Fairfax, Pascoemeter
- Fortescue open to selling asset stakes to repay debt faster – Reuters
- All eyes on the Aussie dollar as Australia stalks recession – The Conversation
- Using family trusts to minimise tax is on the nose: so why are policy makers silent? – The Conversation
- From ‘debt and deficit’ to ‘building prosperity’: what’s needed to shift the economic narrative – The Conversation
…and furthermore…
- Can we phase out fossil fuels in a generation? BBC – possibly….
- Economics vs Economists – Project Syndicate (its really about which high priest can preach the loudest)
- More than 90pc of us pay more taxes than we’ll ever get back in welfare, says IFS – Telegraph...worth thinking about, maybe we should all have a net budget position…