Macro & Markets
- VW Discloses New Emissions Problem, Involving Carbon Dioxide – NY Times
- No matter where in the world you look, bonds are flashing the same ominous signals – Financial Post
- China commodity outlook brightens, but beware caveats – Reuters, Clyde Russell
- Have commodities reached an inflection point? – Mineweb
- When a 127-Year-Old U.S. Industry Collapses Under China’s Weight – Bloomberg
- It’s Been a Rough Year for Analysts Forecasting Central-Bank Decisions – Bloomberg
- Gold investors foolishly think the yellow metal will rally – MarketWatch
- U.S., German Bonds Go Their Separate Ways – WSJ
Asia
- Is Japan set for a repeat of 1987? – Nikkei Asian Review
- Monetary policy and Asia’s people-shaped hole – SCMP
- El Nino stymies Indonesia’s rice self-sufficiency plan – Nikkei Asian Review
- China set to challenge global chipmakers with huge state-led project – Nikkei Asian Review
- China flags 6.5% growth rate, but needs real financial reform to get there – The Conversation
- Leaders recognize need for stronger economic ties – Nikkei Asian Review
- China Construction Bank joins global list of systemically risky banks – SCMP
- China Aims for 6.5% Economic Growth Over Next 5 Years, Xi Says –NY Times
- Made-in-China Quality Is Not Good Enough, Lexus Says – Bloomberg
- Rajan to Raise Pressure on Foreign Banks to Create Indian Units – Bloomberg
Europe
- K. Services Bounce Back in Sign Economic Growth Picking Up – Bloomberg
- The cheerleaders for a Brexit must say what it will look like – Guardian
- Transatlantic Trade And Investment Partnership: European Opposition To The TTIP Trade Pact Worries US – IB Times
- AFTER BREXIT: HOW IMPORTANT WOULD UK TRADE BE TO THE EU? – Pieria
- Bank of Ireland to ban branch cash withdrawals under €700 – Irish Times…how long before only 1%ers get to deal with people first up…
Americas
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- School vs. Society in America’s Failing Students – NY Times
- Canadian renters, it’s your market now: ‘There’s never been a better time for a tenant’ – Financial Post
- Fed faces patchwork recovery despite near-normal labor markets – Reuters
- Despite gloom, four U.S. shale oil firms lift output views – Reuters
- Goldman: Government Spending Is About to Boost the U.S. Economy for the First Time Since 2010 – Bloomberg
Terra Tax breakus
- GST hike to hit poor hard and leave rich unscathed, research shows – Fairfax…makes it sound like Negative Gearing, CGT concessions, & Super concessions….
- Raising GST to 15% ‘will cost poorest families 7% of disposable income’ – Guardian…but it’s the cheapest way to avoid dealing with revenue concessions, isn’t it….
- Disability pension: When will we get a minister who chooses reality over fear tactics? – ABC, Jericho
- Australian tourism, education, agriculture – new export opportunities in China? – Fairfax…good for passport sales too…
- Tax is what other people pay, right? – Fairfax…Pascoemeter making some pertinent points…
- Australian banks report huge rise in suspected terrorism transactions – Fairfax
- Former Labor premiers back GST rise, putting pressure on Bill Shorten – Fairfax
- The Great Aussie Sickie falls out of favour, but entitlement culture remains: bosses – Fairfax…and those bosses are never entitled, right…
- Ex-Labor minister Martin Ferguson calls for more foreign workers in tourism jobs – Fairfax…well Martin has come a long way to the right….
- Why tax breaks are not the answer to encourage Australian startups – The Conversation
- Australia’s rates dilemma: A cut this year is still on the cards – ABC
- Tax reform: Stop talking and just get on with it – ABC
- Tax man to hit SMEs and individuals with random audits – Fairfax….even this is better than touching tax concessions, just need both sides of politics to be on song to get it through…..
…and furthermore…
- The replication crisis has engulfed economics – The Conversation…has it ever…
- Why this company is spending billions to get parents to play more video games – Washington Post
- Getting to grips with blockchain – Euromoney…big read, well worth it…
- Restarting the global economy: Three mismatches that need concerted public action – VoxEU
- Intellectual property rights and artistic creativity – VoxEU…creative artists don’t have many rights that companies don’t hold in fief for them…
- Vatican inspectors suspect key office used for money laundering – CNBC
- The 1 Percent’s Earnings Could Be Stagnating — At $671,000 – FiveThirtyEight
- Libor Rigging Case: Verdict Nears In Landmark US Trial, Ex-Rabobank Traders’ Fates Hang In Balance – IB Times
- DESIGN THINKING AND THE WORKPLACE EXPERIENCE – Pieria