Global Macro / Markets / Investing:
- Stock futures drop as China is said to raise tariffs on U.S. goods – Wetradehq
- Dow falls almost 600 points as China retaliates by slapping tariffs on $60B in U.S. goods – NBC News
- Amazon rolls out machines that pack orders and replace jobs – Reuters
- Trump’s Trade War is Already Over – Strategic Culture
- Economists Prove That Capitalism Is Unnecessary – Forbes
- Tesla Plunges to a Two-Year Low on China Trade Fears – Bloomberg
- Why Uber may still be worth $100 billion-plus even after its embarrassing IPO – Yahoo
Americas:
- 62% of millennials say they’re living paycheck to paycheck – CNBC
- ‘It can’t get any worse’: Iowa farmers suffer as U.S. trade war with China escalates – Desmoines Register
- A decade after the recession, 40% of U.S. families still struggling – CBC News
- Morgan Stanley warns tariffs could ‘likely lead to an economic recession’ – Yahoo
- Elizabeth Warren: Cancel Student Loans In Bankruptcy – Forbes
- Farmers get impatient with Trump’s trade war: ‘This can’t go on’ – CNN
Europe:
- The European Central Bank President Dismisses Bitcoin as a Currency – Be In Crypto
- QE Party Over, Bank of Japan Stealth-Tapers Further – Wolf Street
- ‘You can’t really win’: 4m Britons in poverty despite having jobs – The Guardian
- The EU tries to strong-arm Switzerland into a new trade deal – The Economist
- Germany mulls mosque tax to curb foreign funding fears – Politico
- Dutch officials to stop promoting Netherlands as a tourist destination – NY Post
Asia:
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- China to increase tariffs, targeting $60 bln worth of U.S. products – CGTN
- U.S. prepares to slap tariffs on remaining Chinese imports, which could add levies on roughly $300 billion in additional goods – Washington Post
- Malaysia: Hopes of economic revival under Mahathir fade – Malaysia Kini
- Sri Lanka Declares Curfew After Mobs Target Muslims – NY Times
- Experts See Russia Fingerprints on North Korea’s New Missile – VOA News
- Japan, Vietnam Teaming up to Resist China Expansion – VOA News
- China says U.S. policies are causing existential damage to the WTO – Reuters
Trans-Tasman:
- News Corp a malignant influence on our democracy, Richard Di Natale says – The Guardian
- Paul Keating says Peter Dutton is the ‘meanest’ person in Australian politics in 50 years – Brisbane Times
- Paul Keating urges voters to ‘drive a political stake through’ Peter Dutton’s ‘dark heart’ at federal election – ABC
- The brutal truth on housing. Someone has to lose in order for first homebuyers to win – The Conversation
- Are any of the Coalition’s claims of new Labor taxes actually true? – The Guardian
- Developer who illegally destroyed heritage-listed Hobart house gets first approval for townhouses – ABC
- Gas deal: “a massive transfer of wealth from gas customers to China and Singapore” – Michael West
- Controversial policy to help first-home buyers did not go through cabinet – The SMH
- Adani deal with Myanmar military-linked company raises human rights alarm – The Guardian
- Labor’s $1.5b plan to ‘unlock’ gas would create more emissions than Adani coal mine, experts say – The SMH
- China is the sleeping giant in the federal election campaign and it’s not going away – ABC
- Australia should learn from Brexit Britain, not copy its mean-spirited welfare policies – The Guardian
- Net migration gain from China up 32% in March year – Interest.co.nz