Global Macro / Markets / Investing:
- 40% of multinational profits are shifted to tax havens each year – Sound Cloud
- Coal is Dying Faster than Anybody Expected: Chalk it up not to politics but plain old economics – Bloomberg
- When the Fed cuts interest rate three times and pauses, it works out great for stocks, history shows – CNBC
- Former Goldman Trading Head Cautions On Interest Rate Volatility – Forbes
- Deutsche Tumbles After IBanking Profit Plunges 73%, “Bad Bank” Posts Negatve Revenue – Zero Hedge
Americas:
- Trump’s Tax Cuts Didn’t Benefit U.S. Workers, Made Rich Companies Richer, Analysis Finds – Newsweek
- The top 400 income holders (billionaires) pay an effective tax rate of 23%. While it is 25-30% for the working and middle classes. – Next Recession
- President Donald Trump promised to eliminate the national debt. It has risen by $3 trillion. – CBS News
- Federal Reserve cuts interest rates for third time this year – CRE Herald
- Trump’s 2018 tariffs caused reduction in aggregate US real income of $1.4 billion per month by the end of 2018. – AEA Web
- If the economy is booming, then why are companies implementing mass store closures and mass layoffs – Footwear News
- Subprime Auto Loans Are Defaulting At Fastest Rate Since 2008 – Zero Hedge
- U.S. Treasury says it is exploring issuing 50-year bonds – Market Watch
- Rust Belt Revival Stuck in Low Gear – Court House News
- More than 10,000 people call on Congress to investigate Amazon’s surveillance empire – Fight for the Future
- US economy grew at 1.9 percent in third quarter, holding steady amid recession fears – The Hill
- Peak car could be contributing to Ford and GM job losses – CBA
Europe:
- Turkish Violations of Greek Airspace Reach Record Numbers in 2019 – Greek Reporter
- Munich study confirms severe decline in insect populations in Germany – DW
- ‘Shameful’: Turkey rejects US resolution on ‘Armenian genocide’ – Al Jazeera
- Spain has become the 3rd country after China and Russia to send a takedown request to Github – Github
- Hungary blocks NATO statement on Ukraine over minority rights row – Euractiv
- France and Germany join forces in bid to grow European cloud computing sector – New Statesman
Asia:
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- China is Becoming a Blockchain-Powered Orwellian Dystopia – Be In Crypto
- China’s ocean waste surges 27% in 2018: ministry – Eco Planet News
- Czech-Chinese Ties Strained As Prague Stands Up To Beijing – NPR
- Text editor releases ‘Free Uyghur’ edition, gets swamped with Chinese spam – The Verge
- Bank Run! “WeChat rumour sparks run on rural Chinese bank in fresh sign of financial fragility amid economic slowdown” – SCMP
- Why Haven’t Islamic Powers Criticized China For Brutalizing Muslims? – The Federalist
- US trade war wreaks havoc on China’s economy – Asia Times
Trans-Tasman:
- George Calombaris teams up with Woolworths to launch new line of cooked books – Chaser
- Woolworths apologise after being caught scanning staff wages as onions – Chaser
- Victoria 50% by 2030 renewable energy target voted into law – Renew Economy
- Push to get wellbeing counsellors into schools as mental health bill costs Australia billions – ABC
- Qantas urged to ground all of its 737s after second aircraft crack discovered – The SMH
- Police want faster data from the US, but Australia’s encryption laws could scuttle the deal – ABC
- AFP seizes $17.3m worth of property in Victoria, Tasmania in Chinese money laundering probe – ABC
- Australian Signals Directorate reports breaches on spying, wire taps – The Guardian
- Lendlease tax boondoggle bigger than the hole it left in Sydney Football Stadium – Michael West
- Sixty per cent of trucks fail safety checks as SA Government delays inspection scheme – ABC
- Coalition gives $1bn to CEFC for 24/7 reliable renewable power – Renew Economy
- Australia amongst 23 to condemn China for Human Rights at the UN – The SMH
- China warns Australia to not strain relations over human rights criticism – ABC
- Not just Uluru: Traditional owners are fighting to ban climbing on other sites – SBS
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September new dwelling consents up 31% on a year ago – Interest.co.nz
- Number of residence visas approved at 10 year low – work visas at 10 year high – Interest.co.nz