Global Macro / Markets / Investing:
- People are stopping buying diamonds. De Beers Cuts Diamond Prices by About 5% as Industry Crisis Deepens. – Bloomberg
- Before each recession, the corporate rate of profit dips – The Next Recession
- The US has been driving the world economy alone; China should help – CNBC
- Lagarde: We Should Be Happier To Have A Job Than To Have Savings – 7 Bitcoins
- China Markets Feel the Pain of Stalled Derivatives Rollout – Reuters
Americas:
- We should all be concerned about the student debt crisis – CNBC
- Why this ex-Trump official says student debt needs to be cancelled – CNBC
- US Factory Orders Slump In September, Biggest Contraction Since July 2016 – Zero Hedge
- Wow, Student Loans Take 18.5 Years To Pay Off – Forbes
Europe:
- UK economy to hit DECADE-LOW even with Brexit deal. – City AM
- Britain and Europe Are Destined to Be Rivals – The Atlantic
- This is EXACTLY the type of ECONOMY TURMOIL one sees before and during a recession. KPMG to cut 65 UK partners. The economy is doing poorly. – Euro News
- UK civil engineering suffers worst slump since 2009 amid Brexit gloom – The Guardian
- North Korea says it conducted successful test of multiple rocket launchers – Reuters
- Netherlands admits killing up to 70 civilians in botched airstrike in Iraq – DW
Asia:
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- Samsung to Begin Layoffs in China, Affecting ONE THIRD of Employees! – Pan Daily
- India opts out of world’s biggest free trade deal RCEP, says it will create ‘unsustainable trade deficits’ – Yuv News
- Macro Outlook: Growth To Stabilize as Beijing Prepares for a Rockier 2020 – Macro Polo
- Moon, Abe Back Dialogue to Resolve South Korea-Japan Dispute – Reuters
- China Sends Men to Sleep with Uighur Women While Husbands in Camps – Business Insider
- India’s Smog-Bound Capital Suffers Most Hazardous Air So Far This Year – Reuters
Trans-Tasman:
- No Australian city has a long-term vision for living sustainably. We can’t go on like this – ABC
- Defence Industry Minister Melissa Price charged taxpayers $77,000 for Europe trip – SBS
- Wealthy Australians are claiming $6.3 billion in government welfare, as almost 20% of pensioners own homes valued over $1 million – News.com.au
- Guess which state had lowest cost of electricity in Australia’s main grid in October: the renewable energy state of South Australia – Renew Economy
- All the government spin in the world doesn’t put more money in people’s bank accounts – The Guardian
- Here’s a running list of Australian businesses that have underpaid staff in 2019 – SBS
- Cladding list kept secret amid demands for action on ‘construction crisis’ – The SMH
- Crust pizza Hobart franchise fined $104,000 for paying foreign workers less than Australians – ABC
- ‘Worrying sign’: Retail slumps to worst performance since last recession as jobs weaken – The Age
- RBNZ ‘will cut’ OCR next week ‘and again in February’ – Interest.co.nz