Global Macro / Markets / Investing:
Americas:
- Retail Layoffs Are 92 Percent Higher In 2019 – And Now Even Wal-Mart Is “Quietly Closing Stores” – Economic Collapse Blog
- U.S. retail sales unexpectedly fall in February – Reuters
- Average Americans can’t afford a home in 70 percent of the country – CBS News
- Note from America: War Spending Is Bankrupting The USA – True Publica
- Trump’s Pick for the Nation’s Central Bank Worries Economists – Time
- U.S. Retail Sales Unexpectedly Fell In February… – Stock Market News
- This ‘index of all indexes’ is signaling that the US economy is strong – CNBC
- Ecuador legalized gangs like the Latin Kings. Murder rates plummeted. – VOX
- Exclusive: More than 1 million acres of U.S. cropland ravaged by floods – Reuters
Europe:
- Brexit has cost Britain nearly 2.5 percent of GDP – Goldman Sachs – Reuters
- Italy’s budget deficit and debt to rise because of recession; higher public spending, OECD says – Dev Discourse
- Herbicide free agriculture? A bio-economic modelling application to Swiss wheat production – Science Direct
- UK minimum wage marks 20 years without negative impact on jobs – FT
- Brexit is turning the UK into a ‘laughing stock’ – CNN
Asia:
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- McKinsey: what can we expect in China in 2019? – McKinsey
- Most U.S. Companies in China See More Gains Despite Trade Disputes – Jumore Global
- US opens new probe into 3 million Kia, Hyundai vehicles for fire risks – Channel News Asia
- China debt trap fears shake the Philippines – Asia Times
- China’s factories are now defying the economic slowdown – CNN
- China Manufacturing Data Soars Past Expectations but Asia EM still Weak – Reuters
- Japan business confidence drops in April: BoJ survey – France24
Trans-Tasman:
- Questions raised over churches’ ability to become property developers without paying tax – Domain
- Australian government officials took part in evaluating bids for a big immigration detention centre security contract in Papua New Guinea – The Age
- Coal-fired power station lobbied Environment Minister for help, FOI documents reveal – ABC
- Millionaires in Australia are managing a tax bill of $0 – The Guardian
- Liberal senator wants to increase Newstart – SBS
- Suicide among young adults on autism spectrum almost double the rate of general population – ABC
- ‘Sack Alberici, shoot Probyn’: ABC political interference driven by funding fears – New Daily
- Sydney councillors referred to corruption watchdog over China trip – The SMH
- Australian Democrats try to revive party, but opposition could disrupt plans – ABC
- Political interference experienced at ABC, Senate committee says in calling for overhau – ABC
- Migrants want to live in the big cities, just like the rest of us – The Conversation
- RBA leaves rates on hold despite growth and inflation continuing to miss targets – ABC
- More food for thought for the FHBs – Interest.co.nz
- OCR cut in May now seen as more likely – Interest.co.nz