Global Macro / Markets / Investing:
- Deutsche Bank Under Investigation for ‘Potential Money-Laundering Lapses’ – Daily Beast
- More spent on S&P 500 buybacks than all 2018 R&D – Axios
- Trump Moves From Trade War Toward Currency War – Bloomberg
- The World Now Has Three People Worth More Than $100 Billion Each – Bloomberg
- Asia stocks mixed, gold hits 5-year high and bond yields plunge after Fed hints at rate cuts – Straits Times
- How the Tech Giants Make Their Billions – Visual Capitalists
- Global Economic Growth Is Already Slowing. The U.S. Trade Wars Are Making It Worse. – NY Times
- Goldman Sachs is sounding the alarm: Technology stocks are overvalued – CNBC
Americas:
- US Steel is idling plants, despite tariffs designed to save them – CNN
- Big corporations pay no income tax, unlike you – Systemic Disorder
- Immigrant entrepreneurs continue to shape California’s economy – Cal Matters
- California’s latest gas tax increase is about to kick in. Here’s what you can expect – Sacbee
- The Citizenship Question Could Cost California And Texas A Seat In Congress – Five Thirty Eight
- Democrat border mayor goes ballistic over ‘dumping’ of illegal aliens in his town – Conservative Review
Europe:
- Romania – Is it the next market for complete mobile digitalization? – Forbes
- British inflation reached BoE target in May 2019 – Economo
- Now we are truly united in diversity: Lithuanian Irish pub owners told to learn Dutch or ‘go back to Ireland’ – Brussels Times
- Trust for vaccines higher in UK than most of Europe, major survey finds – Telegraph
- Turkey ‘weak’ says Tsipras as Nicosia hopes for EU action – Cyprus Mail
- Spanish birthrate now lowest in country’s history, lowest in the EU – Ine
Asia:
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- Nikkei: Apple Could Shift Some Production Capacity Out Of China – Benzinga
- China is creating an alternate reality about the Hong Kong protests, in real time – QZ
- What Hong Kong’s protests look like from inside China – YouTube
- Shanghai professor tells graduates to fight for liberty – Ink Stone News
- China’s Urban Crisis: Authoritarian planning, rising class tensions, and sophisticated population surveillance cast a shadow on the country’s rapidly growing cities – City Journal
- Belgian diplomat seeks ‘missing’ Xinjiang Uygurs who were led away from embassy by Chinese police – SCMP
- Coalition of the willing builds in South China Sea – Asia Times
Trans-Tasman:
- Josh Frydenberg’s office asked if environmental rule changes could be kept secret – The Guardian
- A private school gets a castle-library, while we fundraise for public school music lessons – The Guardian
- New data casts doubt on lockout laws’ effects on violence in Sydney’s CBD – The SMH
- The Australian company that banned work on Wednesdays – BBC
- Australia’s energy exports increase global greenhouse emissions, not decrease them – The Conversation
- Mascot Towers: Building disaster sparks future ‘mortgage prisoners’ woe – News.com.au
- Lobbyist who provided Morrison’s lump of coal joins PM’s advisory team – Renew Economy
- Coalition awarded $1.4bn in grants in election lead-up – half without an open tender process – The Guardian
- Angus Taylor met with environment department even as it investigated company he part-owns – The Guardian
- Blowing in the wind: Australia’s China policy is all over the shop – The SMH
- CSIRO, NAB chair say shift to 100% renewables inevitable, and likely by 2050 – Renew Economy
- Retail conditions ‘as bad as the GFC’ driving small businesses to the wall – ABC
- ‘Next time it will be you’: Sydney’s Hong Kong expats fear extradition laws – The SMH
- The Kiwi right to housing choice – Interest.co.nz