Global Macro / Markets / Investing:
- Global Gloom: Why the current Economic Crisis can last a full generation – Dkoding
- Study: Banks Will Replace 200,000 Workers With Robots by Next Decade – Observer
- Fidelity Is Latest to Cut Online Trading Commissions to Zero – WSJ
- Krugman: What Economists (Including Me) Got Wrong About Globalization – Bloomberg
- Facebook CEO Mark Zuckerberg to Testify Before Congress Over Libra Crypto – Coin Desk
Americas:
- Half of Americans are worried that a major recession is coming: survey – Newsweek
- America’s richest 400 families now pay a lower tax rate than the middle class – CBS News
- ‘Eye-Popping’: Analysis Shows Top 1% Gained $21 Trillion in Wealth Since 1989 While Bottom Half Lost $900 Billion – Common Dreams
- Used-Car Price Tumble – Bloomberg
- Trump promised to eliminate the deficit in eight years. So far, he has increased it by 68% – News Week
- Trump’s push to save coal is failing. Coal demand to plunge to 42-year low – CNN
- Federal Reserve policymakers increasingly divided on way ahead, minutes show – Malay Mail
Europe:
- Commercial mortgage brokers optimistic about post-Brexit outlook – CRE Herald
- This Is The Longest Contraction In UK Credit Impulse Since The Early 1990s – Zero Hedge
- Twitter Spain pays less in taxes than on one worker’s salary – Elpais
- Romanian government falls – Politico
- In Poland’s Upcoming Election, the Law and Justice Party Is Demonizing the LGBT Community to Win – Foreign Policy
- Denmark sets up temporary border control with Sweden after attacks – Reuters
Asia:
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- Fitbit to move production out of China because of ‘ongoing threat of tariffs’ – ABC
- Trump Signs Off on Licenses for Doing Business With Huawei – WSJ
- Vietnam skilled labour squeezed by Sino-US trade war – The Star
- Trade deficit, market access issues to be discussed in Modi-Xi summit in Mamallapuram – Yuv News
- Trump: ‘Big Day of Negotiations With China’ – Stock Market News
- U.S. and China May Be Headed for Mini-Deal on Trade This Week – NY Times
- China’s Economic Well-Being Will Hurt U.S. Through Europe: Economist Lee – YouTube
- China Hit by EU Tariffs as High as 66% – Bloomberg
Trans-Tasman:
- Coalmine would take 3.3bn litres of water a year from Sydney catchment, agency warns – The Guardian
- Labor members condemn their own government, say “chilling” mass arrests of climate activists reminiscent of the Joh era – The Guardian
- Four Corners whistleblower sued by Murdoch University after raising concerns about international students – ABC
- Australia will miss Paris goals even with a $US75 a tonne carbon tax: IMF – The Age
- Mining firms worked to kill off climate action in Australia, says ex-PM – The Guardian
- The climate crisis in 2050: what happens if cities act but nations don’t? – The Guardian
- A construction company in Canberra is refusing to install emergency supports in apartment block despite being ordered to do so – ABC
- If you are under 34, you’ve experienced just one month of below average temperatures – The Guardian
- ‘The system is truly Orwellian’: our horrifying experiences with robodebt – The Guardian
- ‘Job snobs’ claim that companies struggle to hire based on 29 firms, not 14,000 as reported – The Guardian
- The 1% Official Cash Rate isn’t as dramatic as it sounds – Interest.co.nz
- New prefab certification scheme to streamline consenting – Interest.co.nz
- First-home-buyers withdraw almost as much from their KiwiSaver as retirees – Interest.co.nz