Links 29 January 2018

Global Macro / Markets / Investing:

• Every One of the World’s Big Economies Is Now Growing – NY Times
• IMF chief warns Trump’s tax cuts could destabilise global economy – The Guardian
• The World Bank Is Remaking Itself as a Creature of Wall Street – NY Times
• Apple buying Tesla doesn’t sound like a crazy idea anymore – Business Insider
• Hedge Funds Go Bullish on Bitcoin Futures – WSJ
• Speed under sail during the early Industrial Revolution – VOX
• Cryptocurrencies Drop After Japanese Exchange Halts Withdrawals – Bloomberg
• Cryptocurrency Worth $530 Million Missing From Japanese Exchange – WSJ
• Visualizing a Global Shift in Wealth Over 10 Years – Visual Capitalist
• Blockchain’s Broken Promises by Nouriel Roubini – Project Syndicate
• How Hedge Funds (Secretly) Get Their Way in Washington – Bloomberg
• Draghi Hits Back at Mnuchin in Global Currency War of Words – Bloomberg
• The Dark Side of America’s Rise to Oil Superpower – Bloomberg

Americas:

• Trump sought release of classified Russia memo, putting him at odds with Justice Department – Washington Post
• The Wall Is A Dumb Idea, Build It Anyway – Forbes
• ICE can now track license plates all over America – The Week
• National Audit Office to investigate East Coast rail ’bailout’ – The Guardian
• Gerrymandering is the root of all political evil. Or is it? – Washington Post
• When protectionism is not about protecting America at all – Washington Post
• Why the Savings Rate Is a Reason to Worry About 2018 U.S. Growth – Bloomberg
• Inside the Dysfunctional Relationship of Donald Trump and Theresa May – Bloomberg
• Tax Incentive Puts More Robots on Factory Floors – WSJ
• The Tragedy of Janet Yellen – Politico

Europe:

• Government plans for ’doomsday scenario’ in case of no-deal Brexit – Independent
• Measles cases rise six-fold in Italy as populists pledge to scrap compulsory vaccines – The Local
• Ghost towers: half of new-build luxury London flats fail to sell – The Guardian
• Why building more homes will not solve Britain’s housing crisis – The Guardian
• Coming U.S. List of Oligarchs Linked to Putin Alarms Russia’s Rich – NY Times
• Varoufakis announces he’ll found new political party in Greece next March – naftemporiki.gr
• Brexit: Britons favour second referendum by 16-point margin – The Guardian
• Europe’s Youth Have Good Reason to Be Mad – Bloomberg

Asia:

• EconPapers: Falling Behind and Catching up: India’s Transition from a Colonial Economy – Repec
• Singapore Soars Up Innovation Rankings, U.S. Falls Out of Top 10 – Bloomberg
• China to name Harvard-trained Liu He as vice premier overseeing economy – sources – Reuters
• Xiaomi beats Samsung to top spot in India’s smartphone market… – Tech Crunch
• Cracks Are Showing in China’s Shadow Banking Industry – Bloomberg
• China promises bank rescue in next crisis as market prophets warn on rising US rates – The Telegraph
• The Harvard-Educated ‘Brain’ Behind China’s Economic Transformation – Bloomberg

Trans-Tasman:

• Domino’s employee speaks out on working conditions, pressure from management – ABC
• Call for fracking referendum as Katherine tourism operators fear for businesses – ABC
• Go, Myki and Opal ‘tap and go’ travel cards to be phased out – 9News
• Codeine medications: Pain and gain when products pulled from shelves this week – ABC
• What happened to the Fair Go? Liberals’ propaganda arm silent since August – The Guardian
• Tasmanian Premier Will Hodgman to call election for March 3 – ABC
• When generators jack up prices 100-fold, and regulators do nothing – Renew Economy
• Tesla Powerwalls will power 50 homes in a community, ‘it’s like putting around $50,000 in your pocket’, says contractor – Electrek
• Private schools, costly private pain – The Age
• What should we do with the Australian economy? – Medium
• Malcolm Turnbull says the Australian flag is unlikely to ever change – The SMH
• Why unions are furious about the blocked Sydney train strike – The Guardian
• Clive Palmer might try to freeze Malcolm Turnbull’s assets, court told – The Guardian
• What hope for wage growth when the right to strike is curtailed? | Greg Jericho – The Guardian
• Real estate industry suffers another downturn in residential commissions – Interest.co.nz