Global Macro / Markets / Investing:
- It’s Time to Break Up Facebook – NY Times
- Buffet’s Berkshire Takes Tax Hit as Victim of ‘Ponzi-Type’ Solar Scheme – Bloomberg
- Stocks Slump Again As Trump Rekindles China Trade Worries – Stock Market News
- China detonated its tentative trade deal with the US by abruptly deleting swathes of text – Business Insider
- IMF’s Lagarde: US China tariff tensions a ‘threat for the world economy’ – DW News
- U.S. Gives China a Month for Trade Deal as Talks Stay Deadlocked – Bloomberg
- The U.S. and China May Not Want a Deal After All – Bloomberg
Americas:
- More than half of voters like Warren’s plan to cancel student debt, survey finds – CNBC
- $5 billion laundered through B.C. real estate, inflating home prices: report – Vancouver Sun
- One in 15 US student loan recipients have considered suicide over debt, study suggests – Yahoo
- Southern California wages up 4.5% — biggest raises in U.S., by this measure – OC Register
- Bank of America study shows 59% small business owners don’t think tariffs affect their businesses. – Infadium
- Pharma companies must reveal drug prices in TV ads under new Trump administration rule – CBS News
- Nearly 70% of Economists Expect Faster Wage Growth Over Next Year, WSJ Survey Says – WSJ
- Fed’s Next Move Will Be Rate Cut, More Economists Say – WSJ
- Trump’s steel tariffs cost U.S. consumers $900,000 for every job created, experts say – Washington Post
- Decade in the Red: Trump Tax Figures Show Over $1 Billion in Business Losses – NY Times
- Trump says talks with China to continue as trade war escalates – Reuters
- Canada’s economy adds 106,500 jobs, most in a month since 1976 – CBC
- Is democracy dying a slow death in and out of Trump’s America? – SCMP
Europe:
- UK real estate funds suffer seventh consecutive month of outflows in April – CRE Herald
- Millennials ‘wrongly relying on inherited money’ – BBC
- Armenia to become world’s first country to switch government fleet to solely electric cars – Armen Press
- Why we must not let Europe break apart – The Guardian
- Russian disinformation may have reached 241 million Europeans, report says – Euro News
- EU nations are living far beyond the Earth’s means – Reuters
Asia:
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- U.S. trade deficit with China hits five-year low – Reuters
- China detonated its tentative trade deal with the US by abruptly deleting swathes of text – Business Insider
- China ‘fed up’ with US complaints on Belt and Road Initiative – Straits Times
- China Defaults Hit Record in 2018. 2019 Pace Is Triple That – Bloomberg
- China backtracked on nearly all aspects of U.S. trade deal – sources – Reuters
- China vows to implement ‘necessary countermeasures’ in response to Donald Trump’s US tariff increase – SCMP
- China’s Vice-Premier Liu He ‘came to US against pressure’ to prove Beijing’s sincerity in trade talks – SCMP
- Will China use its US$1.2 trillion of US debt as firepower to fight the trade war? – SCMP
Trans-Tasman:
- Younger generations cop a ‘dud deal’ from a system stacked against them: Shorten – The Age
- ‘Craziness has been dialled up’: News Corp journalist unloads on his own paper – The Guardian
- Coalition solicited foreign donations after introducing new laws banning them – Canberra Times
- Labor costings project a surplus double the size of Coalition’s by 2022 – The Guardian
- Labor eyes $154b in savings over 10 years as policy costings unveiled – ABC
- ‘A political hit job’: Labor braces for war with Murdoch media – Canberra Times
- Australia Is About to Elect a Labor Government – Bloomberg
- Labor to promise $1bn for east coast high-speed rail line – The Guardian
- Back to the future as Turnbull returns to his old home at Goldman Sachs – The SMH
- Scott Morrison is a one-man band, playing the federal election stage on his own – ABC
- Can you guess where millennials stand on the big issues? What about baby boomers? – ABC
- Wayne Swan lashes out at Murdoch media’s ‘misuse of power’ – The Guardian
- Bill Shorten finds his feet in tectonic shift in federal election campaign – ABC
- Dubious environmental group Gatekeepers of Our Reef ‘infiltrates’ Stop Adani movement – ABC
- Reserve Bank’s latest outlook challenges ‘strong economy’ rhetoric – ABC
- I live in aged care but it’s not home: an insider’s story – Ninefax …everyone should read this – there is a major aged care ugly issue out there….