Links 2 June 2017

Global Macro / Markets / Investing:

• How to lose $8k worth of bitcoin in 15 minutes – Medium
• All but two countries are in the Paris climate agreement – Washington Post
• Have central bankers lost their power? – Chicago Booth
• Robots Wielding Water Knives Are the Future of Farming – Wired

Americas:

• Manufacturing and the 2016 Election – PIIE
• Unemployment Is Approaching A Historic Low. So Why Aren’t Wages Shooting Up? – Buzz Feed
• Why are so many women dropping out of the workforce? – LA Times
• The scientific case that America is becoming a more prejudiced place – VOX
• U.S. Could Use a Better Way to Pay for Science – Bloomberg
• Steady Jobs, but With Pay and Hours That Are Anything But – NY Times
• Up to 25% of U.S. shopping malls may close in the next five years, report says – LA Times
• Trump Considers Rolling Back Obama’s Opening With Cuba – NY Times
• Rich Americans May Hasten a Trump Headache: Raising Debt Limit – Bloomberg
• US economy ambles on but few signs of inflation pressures: Fed – CNBC
• Hillary Clinton blames everyone but herself for her 2016 loss – VOX
• Nomura Bought Controversial Venezuelan Bonds at Steep Discount – WSJ
• Why Investors Get Mixed Up in Venezuelan Debt – WSJ

Europe:

• Dutch bank ING to cut Amsterdam trading jobs, move some to London – Reuters
• In Praise of a Transatlantic Divorce – Foreign Policy
• UK comes bottom of G7 growth league as Canada takes lead – The Guardian
• Macron Quickly Assumes a Presidential Attitude – NY Times
• ’Theresa May Has Totally F*cked It Up’ Tory Candidate Lets Rip At Dire Election Campaign – Huffington Post
• Greece bids farewell to former leader Mitsotakis, early advocate of austerity – Reuters
• EU agrees new rules to increase access to venture capital funding – CityAM
• Italy Ailing Banks May Lose $11 Billion in Bad Loan Sales – Bloomberg
• Behind the bluster, May is creating Brexit wiggle room – The Times

Asia:

• China May factory activity contracts for first time in nearly a year: Caixin PMI – Reuters
• China Sees an Opening in Rift Between Trump and Germany – NY Times
• How to Destroy the Heart of a Chinese City – Foreign Policy
• India loses fastest growing economy tag after sharp growth slowdown – Reuters
• Chinese Workers Who Probed Ivanka Trump-Linked Factories Missing – Bloomberg

Trans-Tasman:

• One Nation directed donations to Pauline Hanson’s personal account – The Guardian
• How the newspapers tried to kill an independent ABC news before it even began – RN – ABC
• NBN FttN users least likely to recommend network, most likely to switch tech – ZD Net
• Sydney business owner taken to court for not paying interns – News
• A Secret Government Report From 2013 Says Welfare Drug Testing People Has Major Legal And Ethical Problems – BuzzFeed
• NBN boss Bill Morrow admits he is ‘nervous’ about his 457 visa – News
• CSIRO drafted in to rescue Centrelink robo-debt system – The Guardian
• Australia ranks 50th in the world for internet speeds – News
• How quickly talk changes: from ever-booming house prices to fears of a hard landing | Greg Jericho – The Guardian
• Fewer Australian teens smoking and drinking alcohol, study shows – The Guardian
• ‘Stop treating Muslims with kid gloves’, says Tony Abbott – Yahoo
• House prices go into reverse for first time in 18 months – The SMH
• Mine games. Why Adani is banking on the unbankable – The SMH
• Brisbane off-the-plan apartment developer Metro sells site at 35% discount – Property Observer
• No external experts asked about Coalition’s drug test policy, officials say – The Guardian
• Peter Dutton defends Asio director over refugee and terrorism comments – The Guardian
• Is Australia heading towards recession? – News
• Keep an eye on those Auckland mortgagee sales… – Interest.co.nz
• Terms of trade highest since 1973 – Interest.co.nz
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