Global Macro / Markets / Investing:
- Sharing profits and ownership with workers not only make them happier, it benefits the bottom line too – The Conversation
- U.S. stock market forgoes $5 trillion in returns thanks to trade war, estimates Deutsche Bank – MarketWatch
- Trump Gives World’s Worst Economist the Presidential Medal of Freedom – Slate
- Bloat Does Not Explain the Rising Cost of Education – Marginal Revolution
- S&P 500 Wipes Out $4 Trillion in Its Second-Worst May Since ‘60s – Bloomberg
- The Crypto Market saw Rapid Growth, but Adaption is Imperative – Medium
- The US is no longer the world’s most competitive economy – FOX Business
- Trade fears erase over $2 trillion from global stocks in May – Reuters
Americas:
- U.S. economy slips from first to third place in global competitiveness ranking amid Trump’s tariffs – NewsWeek
- Trump’x Mexico tariffs could decimate the automobile industry – Axios
- Noam Chomsky – Leftist latin american governments have failed to build sustainable economies. – Infadium
- Trump Said Tax Cuts Would Be ‘Rocket Fuel’ For The Economy. Analysis Shows They Haven’t – WBUR
- Trump’s Mexico Tariffs Will Cause Supply-Chain Chaos – Bloomberg
- Donald Trump’s war on cars is pushing the US closer to a recession – The Verge
- Brazil May See Double-Dip Recession, Bitcoin Trading Soars – BeInCrypto
- Business groups are considering legal action against the White House over Mexico tariffs – CNBC
- Net worth of Americans aged 18 to 35 has dropped 34 percent since 1996: study – The Hill
- Apparel retail earnings haven’t been this bad since the Great Recession – CNBC
- John Negroponte: Trump’s new tariff on Mexico is ‘bad politically and bad economically’ – CNBC
Europe:
- Norway bans biofuel from palm oil to fight deforestation – CleanTechExpress
- The European banking authority leaves London – Forbes
- Italy is evicting Steve Bannon from the medieval monastery he planned to turn into a far-right training academy – QZ
- Romania’s populists turn fire on central bank chief – Politico
- Longtime European TV Rivals Band Together to Fight Netflix, Amazon – Variety
- Vox rules out sitting in the European Parliament with Salvini and Le Pen – Elpais
- UK consumer sentiment jumps to eight-month high in May – Reuters
Asia:
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- China Launches Investigation Into FedEx in Trade War Escalation – Bloomberg
- Trump Administration Strips India of Special Trade Status – NY Times
- China is reportedly on the brink of ‘major retaliative measures’ against the US as the trade war escalates further – Business Insider
- China Trade War Explodes! … Prepare For The Worst – Ron Paul Liberty Report – YouTube
- China accuses US of ‘naked economic terrorism’ – AFP
- Southeast Asia gains new leverage as China and US battle for influence – Nikkei
- Malaysia’s Mahathir proposes common East Asia currency pegged to gold – Reuters
- Here’s why China’s trade war threat to restrict rare earth minerals is so serious – CNBC
- In latest snub for Huawei, Japan’s SoftBank chooses Nokia and Ericsson for 5G network – Japan Times
Trans-Tasman:
- New Zealand government to prioritize citizens’ well-being over GDP and economic growth in a new national budget called The Wellbeing Budget – PonderWall
- Coalition MP Warren Entsch has backed a plan to bulldoze 2000 hectares of pristine forest near the Great Barrier Reef – The Age
- Labor and the Greens have to join forces – for the climate’s sake – The Guardian
- Australia’s economic slowdown heading to GFC levels as GDP growth continues to drop – ABC
- Recycling plant gains environmental approval to give end-of-road tyres new life as oil, steel and carbon – ABC
- ‘Internet brides’ abused and held captive in suburban Australian homes – ABC
- Bridget McKenzie revealed the Adani jobs lie and no-one noticed – The Aimn
- With one click, the Liberals inadvertently unleashed the ultimate election scare campaign – Canberra Times
- Keystart home loans in WA show Scott Morrison how subsidised first home buyer housing works – ABC
- We can still undo some of the damage done to our digital rights – The Guardian
- The tax empathy gap: Why Kiwis don’t want others to have a share – Interest.co.nz
- The Budget: A matter of capacity and capability as much as cash – Interest.co.nz
- Tax and politics: Gen X vs Gen Y – Interest.co.nz
- Future proofing the housing market – Interest.co.nz