Global Macro / Markets / Investing:
- Short-Lived Lessons From an Enron Short – WSJ
- The political economy of deposit insurance – VOX
- Renewable energy surges to record levels around the world – BBC
- A universal basic income could absolutely solve poverty – VOX
- Saudi Arabia lines up banks for $15bn bond sale – FT
Americas:
- Venezuela’s Maduro rooting for ’revolutionary friend’ Sanders in U.S. campaign – Reuters
- Old and on the Street: The Graying of America’s Homeless – NY Times
- American Death Rate Rises for First Time in a Decade – NY Times
- Russian and Saudi investors cut US assets – FT
- Here’s the analytical error that’s causing Republicans to back Trump – Business Insider
- Clinton’s lead over Trump may be bigger than you think – Washington Post
- It costs $150 to buy a dozen eggs in Venezuela right now – LA Times
Europe:
- Euro 2016 football tournament in France could be terror target, US warns – BBC
- Support for mainstream German parties dips below 50% – FT
- Bank of Italy calls for state intervention in bank crises – Reuters
- Basic income initiative set for defeat – Swiss Info
- German unemployment rate falls to record low – BBC
- Pound Declines Amid Signs That Brexit Camp Is Gaining Ground – Bloomberg
Asia:
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- SoftBank cuts Alibaba stake to raise cash – FT
- North Korea editorial praises ’wise’ Trump – BBC
- Abe Postpones Japan’s Sales-Tax Hike Until Late in 2019 – Bloomberg
- S&P says Japan sales tax hike delay makes ’some sense’ – Reuters
- Japan May factory activity shrinks at fastest pace in over three years – PMI – Reuters
- Could This Be China’s Panama Canal? – National Interest
- Double Blow for China Banks as Fed Worry Meets June Cash Crunch – Bloomberg
- As North Korean Missile Launch Fails, Pyongyang Official Visits Beijing – NY Times
- India has 18 million modern slaves—at least five times more than any other country in the world – Quartz
- South Korea–China FTA falls short on reform – East Asia Forum
- The Trade Slowdown, China, and the Rest of the World – EconBrowser
Trans-Tasman:
- Half of new apartments built and bought by offshore investors: industry expert – The Age
- A Melbourne cafe has seemingly out-wankered the entire nation, serving what appears to be a ‘deconstructed latte’. – imgur.com
- Private school students to receive $1000 more than public students by 2020 – Brisbane Times
- Sacked for having a cup of coffee on the job – The SMH
- Half of Sydney suburbs face housing oversupply; buyers agent – The AFR
- Goldman Sachs analysis of company tax cut finds benefits would go offshore – The Guardian
- Fraction of small businesses likely to use Coalition tax cuts to expand – The Guardian
- Internal pressure on government over super – Sky News
- Harsh truths for both sides on school funding, but we’ll just muddle on – The SMH’
- Another Labor MP breaks ranks with Bill Shorten on fossil fuel subsidies and mining donations – The SMH
- Mark Kenny: Has Bill Shorten embarked on a two-election strategy? – Brisbane Times
- The third man: Greens leader Richard Di Natale campaigns his own way – The Guardian
- The penalty rates time-bomb is ticking – The Conversation
- What do businesses get in return for their political donations? – The Conversation
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RBNZ has nowhere to hide from the housing market – Interest.co.nz
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Investors propel house values higher – Interest.co.nz
Other: