Global Macro / Markets / Investing:
- ‘Outrageous’: Analysis Shows $1.7 Billion Payout for WeWork CEO Equal to Years of Salary for Company’s Expected 4,000 Laid Off Workers – Common Dreams
- From Chile to Lebanon: Working class offensive sweeps the globe – WSWS
- What Swiss Watch Exports Tell Us About The State Of The Global Economy – Zero Hedge
- Microsoft wins major defense cloud contract, beating out Amazon – CNBC
- To all the liars, the cheats and the thieves! Global economy faces ‘awfully high’ risk of recession in the next 12-18 months, warns Moody’s – Shelby Business Journal
- Deeper global slowdown still more likely despite round of rate cuts: Reuters poll – Metro
- The Federal Reserve is in stealth intervention mode – MarketWatch
- Fed repo: Overnight operations level to increase to $120 billion – CNBC
- U.S. stock market has a good chance to record new highs – MarketWatch
- Amazon shares fell 7%, as revenue growth for the company’s lucrative cloud computing business slowed down in the third quarter – Stock Market News
- Renault expects global auto woes to deepen with cut to outlook! – Japan Times
Americas:
- Elizabeth Warren’s economic proposals would not make a recession more likely, says ex-Fed chair Janet Yellen – NewsWeek
- Op-Ed: California is uniquely fire-prone thanks to its long romance with high-voltage power lines – LA Times
- California families are hungry while a third of crops rot in fields – Cal Matters
- The federal deficit jumped 26% to $984 billion for fiscal 2019, its 3rd straight yearly gain under Trump – Business Insider
- One of America’s largest trucking companies is quietly closing a Pennsylvania warehouse and will lay off dozens – Business Insider
- ‘Decade of Darkness’ for California Spurring Generator Windfall – Bloomberg
- U.S commercial, multifamily mortgage debt reaches $3.5tn in H1 2019 – CRE Herald
- Trump administration official resigns, urges student debt forgiveness – CNBC
- Jobless Claims Unexpectedly Fall to 212,000 – Breitbart
Europe:
- Germany enters official recession – This is Money
- Blockchain Will Kill the UK’s Financial Services Industry, According to IBM Advisor – BeInCrypto
- Johnson’s Brexit deal is worse for the UK economy than May’s, research suggests – CNBC
- Angela Merkel’s party mulls legalizing cannabis in Germany – DW
- Ukraine Is Now Europe’s Bulwark Against Russian Aggression – Daily Signal
- Germany could send up to 2,500 troops to Syria safe zone: reports – Kurdistan 24
Asia:
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- China’s Congress Passes Cryptography Law To Encourage Development – 7Bitcoins
- South Korea grounds nine Boeing 737 NG planes with cracks – Reuters
- Are Rare Earth China’s Real Lethal Weapon Against the US? – YouTube
- President Xi Jinping wants China to Lead the Blockchain Adoption In the Economy – 7Bitcoins
- China Must Lead Blockchain Development, Says President Xi Jinping – BeInCrypto
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Why you should worry if you have a Chinese smartphone – The Guardian
Trans-Tasman:
- I’m an addict and on the dole, but it’s not drugs that keep me in this nightmare – ABC
- Morrison government paid empathy consultant $190,000 – Saturday Paper
- Murray-Darling Basin Authority chief apologises for public release of dam satellite images – ABC
- Jobactive workers speak out: ‘How the hell did I end up doing this to these people?’ – The Guardian
- Our Government is reaching Trumpian heights – Independent Australia
- ‘They stole half my life’: South Australia’s push for pokies to accept notes slammed – SBS
- Migrants bucking the stereotype and ditching the major parties in favour of Pauline Hanson’s One Nation – ABC
- ‘The most divisive thing’: two small towns brace for a vote on nuclear waste – The Guardian
- Labor says Angus Taylor’s explanation of false figures shows they were right to notify police – The Guardian
- Paul Keating says Coalition must abandon surplus as rate policy has ‘run its race’ – The Guardian
- Thirst turns to anger as Australia’s mighty river runs dry – Reuters
- Apartment stamp duty cut for overseas property buyers 10 months after new tax announced – ABC
- Paul Bongiorno: Your right to know about our slippery slope to tyranny – New Daily
- Taxing capital incomes – are we doing it the right way? – Interest.co.nz