Global Macro / Markets / Investing:
- The falling elasticity of global trade to economic activity – VOX
- It’s going to end ‘extremely badly,’ with stocks set to plummet 40% or more, warns Marc ’Dr. Doom’ Faber – CNBC
- Trump to Call for U.S. ‘Dominance’ in Global Energy Production – Bloomberg
- The Aging of Oil – Bloomberg
- Next global financial crisis to hit with a ’vengeance’, warns BIS – The Telegraph
- Dusty Fields Signal a Peak for the Global Wheat Glut – Bloomberg
- The next recession will probably start much like the last one – Business Insider
- Why humans must accept that robots make better decisions – The Telegraph
- Is it really curtains for globalisation? – The Enlightened Economist
- Financial constraints and nominal rigidities – VOX
- Push on with the ’great unwinding’, BIS tells central banks – Reuters
Americas:
- The economy is teetering despite unemployment drop – NY Post
- In Towns Already Hit by Factory Closings, a New Casualty: Retail Jobs – NY Times
- Social Darwinism Is What Truly Guides Trump – NY Mag
- Senate Leaders Try to Appease Members as Support for Health Bill Slips – NY Times
- Conservative Koch network criticizes U.S. Senate healthcare bill – Reuters
- The fate of the Democrats’ future may lie in Georgia – Washington Examiner
Europe:
- Europe has been working to expose Russian meddling for years – Washington Post
- Royal Bank of Scotland to move hundreds of jobs to India – BBC
- Grenfell reflects the accountability vacuum left by crumbling local press – The Guardian
- More high-rises fail fire safety tests – BBC
- Italy Commits $19 Billion for Veneto Banks in Largest State Deal – Bloomberg
- Rome sets aside €17bn to wind down failing lenders – FT
- Italy winds up Veneto banks at cost of up to 17 billion euros – Reuters
- Theresa May and the Holy Grail – YouTube
- Housing crisis threatens a million families with eviction by 2020 – The Guardian
- Britain’s labour market has passed peak insecurity – FT
- Bank of England faces echoes of the 2007 crunch as Brits are back to their bad old habits racking up debt – The Telegraph
- Free trade deals for ’poorest countries’ to be maintained post-Brexit – BBC
Asia:
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- Nap cafes flourish in sleep-deprived Korea – Korea Times
- Audit report reveals China’s economic fault lines – SCMP
- Why neither North Korea nor the United States want all-out war – Apple News
- Hong Kong was supposed to liberalize China. How did the opposite happen? – Washington Post
- Xi Jinping’s war on the ‘financial crocodiles’ gathers pace – FT
- The dark side of China’s national renewal – FT
Trans-Tasman:
- Great Barrier Reef ‘too big to fail’ at $56b, Deloitte Access Economics report says – ABC
- Great Barrier Reef worth A$56bn, report finds – BBC
- Aussie coal ‘better’ for Great Barrier Reef, environment minister say. – 9News
- Barrier Reef Tourism Operators To Be Retrained In Giving Tours Of Open-Cut Coal Mines – Betoota Advocate
- FactCheck: was Christian Porter right about welfare spending and income tax? – The Conversation
- Malcolm Turnbull must sack three ministers who criticised the courts: Labor – Canberra Times
- “Get poor quick scheme”: The retirement villages that swallow vulnerable people’s money – The SMH
- Tony Abbott lashes out at Christopher Pyne over leaked leadership, same-sex marriage comments – ABC
- Sally McManus urges unions to be ‘disrupters’ to fix neoliberalism’s damage to workers – The Guardian
- Wage Woes May Leave Australians Struggling to Make Ends Meet – Bloomberg
- Census results are coming out, but can we trust the data? – ABC
- Greens senator Lee Rhiannon could be expelled from party room over “Gonski 2.0” campaign – ABC
- Malcolm Turnbull be warned: the young are coming – The Guardian
- Telstra withdraws support for broadband tax – IT News
- Government will force tech companies to share information on suspected terrorists – ABC
- Cory Bernardi strikes again, luring another MP to his Australian Conservatives – Canberra Times
- Crown staff detained in China to face court amid notoriously high 99pc conviction rate – ABC
- Bank for International Settlements sends warning with Australian household debt at all-time high – The SMH
- Murray-Darling plan doomed to fail without more water for conservation, scientists say – ABC
- China’s richest have $30 trillion to spend, and more investing in Australia – The SMH
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Government half-heartedly bows to insurance industry’s wishes – Interest.co.nz
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English dangles tax cuts as Peters targets regional NZ – Interest.co.nz