The Flood of the Darling 1890, W.C. Piguenit, 1895, Art Gallery of NSW
Tomorrows links up a tad early due to 600 plus comments on the weekend links…..
Macro Markets & Investing
- The World Economy Just Can’t Escape Its Low-Growth, Low-Inflation Rut – NY Times
- The growing problem that could lead the world into a new kind of financial crisis – Nine
- How Tariffs Stained the Washing Machine Market – NY Times
- Here Are Three Scenarios for U.S.-China Trade Talks This Week – Bloomberg
- Fitch Warns Emerging Markets Face More Downgrades This Year – Bloomberg
- Global market liquidity could ‘freeze like the water in Davos,’ UBS’ Ermotti says – CNBC
Asia
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- As questions are raised about ‘belt and road’, projects slow in Southeast Asia – SCMP
- US$369.6 million in defaults at apparently cash-rich firms expose flaws in mainland Chinese auditing practices – SCMP
- Abenomics under pressure as Japan’s data scandal spreads – Nikkei Asian Review
- China’s Banks Are Desperate for Capital – Bloomberg
- China confident of keeping 2019 growth within ‘appropriate range’ – Reuters
- Shanghai promises more open economy, tax cuts amid expectations of slowest economic growth since 1990 – SCMP
- China can no longer rely on real estate for growth. It’s now turning to railways and more debt – CNBC
- China’s slowing economy will make it harder for its companies to pay debts, ratings agencies say – CNBC
Americas
- U.S. economy lost at least $6 billion to government shutdown: S&P – Reuters
- Canada trapped in China-US feud over Huawei extradition – Nikkei Asian Review
- America Pushes Allies to Fight Huawei in New Arms Race With China – NY Times
- Most Americans who earn $90,000 a year say they don’t consider themselves rich – Market Watch
- The Fed needs to get ‘out of the business’ of monetary policy: Ron Paul – CNBC
- Who Is Paying Their ‘Fair Share’? – The Atlantic
- Elizabeth Warren Is Proposing a Wealth Tax On Fortunes Larger Than $50 Million – Slate
Europe
- Peers and MPs receiving millions in EU farm subsidies – Guardian
- Blow for May as Ireland stresses it will not yield on Brexit backstop – Guardian
- Europe’s Economic Frailties Go on Display After Draghi’s Downer – Bloomberg
- Parliament to Challenge May for Brexit Power in Crucial Votes – Bloomberg
- Excluding Huawei could hurt 5G network development: China envoy to EU – Reuters
- ‘Meaner and angrier’: Brexit exposes growing fractures in UK society – Guardian
- A European fiscal capacity can avoid permanent transfers and improve stabilisation – VoxEU
Terra specufestorus
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- Memo to Scott Morrison: it’s the economy, stupid – Nine
- US warning against Chinese drone technology monitoring Australian airports – Nine
- Huawei, Cold War and the choice Australia doesn’t want to make – Nine
- The banking royal commission must answer these questions to fix Australia’s broken system – ABC
- Wealth managers’ costs for fixing scandals are set to soar – ABC
- Moody’s lifts WA credit rating outlook amid warning of threat from China-US trade dispute – ABC
- NSW Government unveils blueprint for 17 high-rise towers as part of Waterloo housing overhaul – ABC
- Australia’s femtech and sextech sectors go under the radar – Guardian
- Banks cull ATMs as more customers ditch cash – Nine
- Give economists a PC and they start making more sense – Nine
- Please step away from the pork barrel – Nine (Editorial)….is there anywhere in Australia’s economy not warped by the population Ponzi?…
- Australia has dodged many banana skins. Is it about to come a cropper? – Economist
…and furthermore…
- Big Food Gets Blamed for Ills Far Beyond Flab in Sweeping Report – Bloomberg
- Menindee fish kill: another mass death on Darling River ‘worse than last time’ – Guardian
- Take on food industry to beat malnutrition and obesity, says report – Guardian
- Consumer goods CEOs in Davos hot seat over plastic waste – Reuters
- Thousands more fish found dead at Menindee as locals fear there will be “none left” – ABC
- Israel becomes third country to allow exports of medical marijuana – Market Watch
- The AI Threat to Open Societies – Project-Syndicate, Soros