Links 7 August 2017

Global Macro / Markets / Investing:

• Competing in a world of sectors without borders – McKinsay
• Blockchain Could Be the Answer to Stopping Climate Change – Futurism
• Cultural change and intergenerational transmission – VOX
• The Market Really Is Different This Time – WSJ
• Hedge Funds Tied to Cryptocurrencies Exploding, Over 70 in Pipeline – Coin Telegraph

Americas:

• Trump’s “dangerously low” support among his base – Axios
• McCain: Republicans ’see weakness’ in Trump – The Hill
• The GOP has become the party of the grotesque – Washington Post
• Trump breaks federal rule about commenting on jobs report – The Hill
• Why Is Donald Trump Still So Horribly Witless about the World? – New Yorker
• If this were the Cold War, America would be poised to lose – Washington Post
• A debt-ceiling crisis is on its way. Yes, again. – Washington Post
• As the oil patch demands more water, West Texas fights over a scarce resource – Houston Chronicle
• How Air-Conditioning Conquered America – NY Times
• Venezuela’s currency crumbles at dizzying speed – France24

Europe:

• Macron Takes On France’s Labor Code, 100 Years in the Making – NY Times
• British rush for an Irish passport after Brexit – The Times
• UK ’must prepare a Brexit fallback’ – BBC
• Anti-Semitic incidents ’at record level in UK’ – BBC
• The horrendous travel rules awaiting Britons after Brexit – Independent
• Brexit could leave Britain with a bare larder, farmers warn – The Guardian
• How Brexit will constrain a future Labour government – Mainly Macro

Asia:

• Chinese tourists arrested in Germany after making Hitler salutes in front of Reichstag – Haaretz
• U.S. Army halts use of Chinese-made drones over cyber concerns – Reuters
• Trump’s attack on Chinese trade gets sidelined over North Korea – Politico
• Draft U.N. resolution would slash North Korea exports by a third: diplomat – Reuters
• South Korea spy agency admits trying to fix election – FT
• China’s Dissident Chatbots – WSJ

Trans-Tasman:

• Australian households pay highest power prices in world – The AFR
• War on wages: Australians are working harder and going backwards – The SMH
• Allegations against the CBA show the need for a Royal Commission into the banks – The Conversation
• NSW minister gives himself power to approve illegal water works in Murray-Darling basin – The Guardian
• 457 workaround: Aurizon given foreign worker boost in secret negotiations with government – SBS
• Australian travels to Gujarat, finds Adani ‘dangerously powerful’ – National Herald of India
• Sally McManus ratchets up campaign against ‘racist’ work-for-the-dole program – The SMH
• Murray River to Broken Hill water pipeline not needed, Flinders University research says – ABC
• Melbourne council to build emissions-free rubbish trucks by 2020 – ABC
• Whitehaven Coal documents showing environmental breaches raise concerns – ABC
• Houses in Australia: If housing market crashes, here’s how to get out unscathed – News.com.au
• Airport security: Calls for domestic airport security to match international terminal levels – ABC
• Snowy retreat: Climate change puts Australia’s ski industry on a downhill slope – The SMH
• Australia’s greenhouse gas emissions soar in latest figures – The Guardian
• Auckland transport next election battleground – Interest.co.nz
• Jacinda Ardern hints at Labour’s new direction – Interest.co.nz

Other:

• Have Smartphones Destroyed a Generation? – The Atlantic