Global Macro / Markets / Investment:
- Is the worst over for emerging market capital outflows? Bloomberg
- Everything to know about falling oil prices: The Economist
- Stock market fragility indicator highest since Lehman Brothers: ZH
Americas:
- Pension risks rise to highest ever for States: Reuters (US municipal bonds could be a timebomb)
- Larry Summers says Fed is making these 4 mistakes: BI
Europe:
- In or Out? Guide to UK staying in or leaving the EU: FT (out chaps, get out now!)
- Deutsche Bank probe into dodgy Russian trades expanded: FT
- Why is Bolivia inspiration for Labour Leader Corbyn? FT (unlocked)
- The year when Syria’s problems came to Europe: BloombergView
- Also a good year for smugglers – $1 billion trade estimated on backs of refugees: Reuters
- Refugees cross the 1 million mark: IBTimes
Asia/Middle East:
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- The Year US/China relations went public: The Diplomat
Local:
- Government slashes iron ore forecast by nearly 20 percent: AFR
- 100 days of Prime Minister Turnbull: The Age (The loon pond remains, if somewhat drained. Needs dredging and replacing with less stinky water)
- Property property property, not shares says SA only billionaire: AFR (we have a billionaire and little millionaire class all based on a property bubble, but no real investment class….)
- Tesla Powerwall sales could be helped along by gridowners: AFR
- Chevron axes 1200 jobs from Gorgon project: The Oz’n’Chips
Other:
- Next step for SpaceX – refuel and relaunch its used rockets: Bloomberg (watch that space!)
- Remember China has a rover on the Moon! Theyve found some new types of rocks too: LATimes
- Sultan of Brunei cancels Christmas because it “would test faith of Islam”. It ain’t a Christian holiday anymore Sheriff of Nottingham, I mean Sultan of Nothing. What a wanker. Story here at IBT