Global Macro / Markets / Investing:
- Wework loses $1.3 billion against topline of $934M ahead of aborted IPO – Bloomberg
- Global Economy ‘Breakdown’ Seen Putting More Workers at Risk of Slavery – VOA News
- The ‘Doomsday’ Economists Were Wrong – BeInCrypto
- Oil rises after OPEC’s Barkindo says U.S. shale growth may slow in 2020 – Reuters
Americas:
- 70% of Americans say they are struggling financially – CBS News
- Powell: US Debt growing faster than the economy – Wall Street Window
- Corporate Tax-Break Incentives Won’t Create Jobs – City Lab
- Streaming TV’s Ratings “Black Box” Could Lead to Hollywood Guild War – Hollywood Reporter
- Fed Chairman Jay Powell Goes Full Idiot – Economic Policy Journal
- Federal deficit hits $134 billion in one month – The Hill
- Americans now have a record $14 trillion in debt – CNN
Europe:
- Germany avoids recession with surprise return to growth – The Guardian
- The recession is starting, what’s YOUR plan? – DW
- Germany recession panic! Merkel economy stagnates! – Express
- Greater economic growth is likely ahead for Germany – Igorb News
- Spain’s King starts important trip to Cuba – Igorb News
Asia:
Advertisement
- World’s largest Army might reward its Soldiers in Bitcoin says PLA Daily – Token Hell
- Adidas to Close US, German Robo-Plants, Shift Their Production to China, Vietnam – Yicai Global
- China’s economy grinds lower as October indicators miss forecasts – CNBC
- Trump: Booming Economy Allows Tough Trade Negotiation with China – Breitbart
- China Tariffs Have Made Bicycles More Expensive But Not Much Else – Breitbart
- US-China trade talks hit snag over agriculture purchases, other issues, according to report – CNBC
Trans-Tasman:
- Sweden dumps Australian bonds over poor climate change record – The SMH
- Business is booming for liquidators and that’s a bad sign for everyone else – ABC
- Spotlight to be placed on barriers to medicinal cannabis in Australia – SBS
- Bellamy’s baby formula’s $1.5b Chinese takeover bid approved by Treasurer Josh Frydenberg – ABC
- Former Australian fire chiefs say Coalition ignored their advice because of climate change politics – The Guardian
- Former fire chiefs ‘tried to warn Scott Morrison’ to bring in more water-bombers ahead of horror bushfire season – ABC
- Regional grant scheme: business awarded $750,000, then goes bust six months later – The Guardian
- Tesla big battery in South Australia is about to get bigger – Renew Economy
- Australia’s gonorrhoea rates have more than tripled in the past nine years – The SMH
- Up the creek: the $85 million plan to desalinate water for drought relief – The Conversation
- Government’s union-crackdown bill delayed in parliament – SBS
- Fires not due to climate change: expert – SBS
- Little sign of house price growth in Auckland but prices rising strongly elsewhere – Interest.co.nz