Global Macro / Markets / Investing:
- Yes, Taxing the Rich Is Possible – NY Times
- Here’s How Much Airbnb Is Lowering Hotel Prices and Occupancy – CityLab
- The Tech Bubble Is Back – Gold Newsletter
Americas:
- 40% of Americans One Paycheck Away from Poverty: Report – Fortune
- A Shrinking Middle Class Is Ruining the Character of Our Neighborhoods – NY Times
- The Wealth Detective Who Finds the Hidden Money of the Super Rich – Bloomberg
- Food stamps helped lift the US economy out of the Great Recession – VOX
- New Trump Tariffs on Mexico: ‘This Puts The Um in Dumb’ – The Bipartisan Press
- Job growth screeches to a near halt in May, with private payrolls up just 27,000 – CNBC
- L.A. spent $619 million on homelessness last year. Has it made a difference? – LA Times
- Trump tariffs on Mexican goods could cost Texas and California thousands of jobs, a new study says – CNBC
- 5 reasons income inequality has become a major political issue – CNBC
- Multifamily lenders unprepared for end of LIBOR – Housing Wire
- Brazil economy back in red – Postguam
Europe:
- Bank of England rings “last orders” bell for Libor – The Star
- Euro zone factory downturn deepened in May: PMI – Reuters
- Welsh Government will now campaign to remain in the European Union – ITV
- EU praises Romanian U-turn on controversial reforms – France24
- Danish Nationalists Suffer Their Worst Result Ever in Election – Bloomberg
- Ukraine’s new president commits to EU, NATO membership – DW
Asia:
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- Vietnam biggest winner from first year of the US-China trade war as supply chains shift, report shows – SCMP
- Four charts show how much China’s economy has changed in 30 years – CNBC
- South Korea eases the entry requirements for trading derivatives – Forex Review
- The Impact of US-China Trade Tensions – IMF
- Why Taiwan Is America’s Best Asset Against China – National Interest
- Extradition law is ‘final nail’ in Hong Kong’s coffin: activist – Reuters
- China’s Huawei signs deal to develop 5G in Russia – France24
Trans-Tasman:
- Australia’s economic growth slowest in 10 years amid calls for swift action – The Guardian
- The government has run the economy into the ground – The Guardian
- Government ‘leaks like a sieve’ when it suits it, critics of ABC raid say – The Guardian
- Al Gore slams Adani, tells Queensland ‘good luck’ in selling coal to India – The SMH
- Liberal Gladys Liu denies dirty tactics as she becomes first female Chinese-Australian MP – ABC
- Australia May Well Be the World’s Most Secretive Democracy – NY Times
- Melbourne Metro’s budget blows out – SBS
- Early $95m blowout on Melbourne Metro tunnel a ‘warning flag’ – ABC
- Reaching emissions goal a ‘fantasy’: Labor – SBS
- Election results finalised in most seats – SBS
- Australia’s emissions rise again, delayed Government data shows – ABC
- Housing values continuing to fall in Auckland, rising elsewhere says QV – Interest.co.nz
- What does China’s Belt and Road Initiative mean for us? – Interest.co.nz