Global Macro/Investing/Climate Change:
- Shutdown of Coal-Fired Plants in U.S. Saves Lives and Improves Crop Yields. Research found that between 2005 and 2016, the shutdown of coal-fired units saved an estimated 26,610 lives and 570 million bushels of corn, soybeans and wheat in their immediate vicinities – UCSD
- The Fed Should Keep Looking Forward, Not Retreat to the Past – Bloomberg
- Banks and government bonds: A love story – VoxEU
- Beware of tech bubbles: Long-term earnings of the dot-com bubble generation – VoxEU
- Services trade policies and economic integration: New evidence for developing countries – VoxEU
- How executive pay defies pricing theory and companies are getting overcharged – ABC…management, no matter whether private sector or public, is a cult, and that is how they arrange the obscenity that is executive remuneration…
America’s
- Forecasting Canada’s economic future is now about risk management, not one-way bets – Financial Post
- Chelsea Clinton reaps $9 million from corporate board position – The Hill…things grow well in a swamp…
- Manhattan’s Flood of New Condos Could Take Six Years to Sell – Bloomberg
- Red flag for vengeance — anger over US strike on Iran general grows – Nikkei Asian Review
- How can the US judge China’s social credit system when American consumers are chained to big tech? – SCMP…very well said…
Europe/Middle East
- Putin’s power games may get out of hand – DW
- Trump’s threat to destroy Iranian heritage would be a war crime | Sergio Beltrán-García | Art and design – The Guardian
- Six B-52 bombers heading to Indian Ocean island amid Iran tensions, report says – Stripes ….
- Support for the EU’s single currency, the Euro (Image)
- No children died in traffic accidents in Norway in 2019 – NRK
Asia
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- China Needs More Than Just Rules to Tackle Bond Defaults – Bloomberg
- China pledges ‘prudence’ in diversifying its foreign exchange reserves in 2020 as global risks rise – SCMP
- Trade war deal could allow China to loosen monetary policy and exchange rate flexibility, analysts say – SCMP
- China must cancel new coal plants to achieve climate goals: study – Reuters
- Indonesia considers forcing gas producers to sell to domestic distributors: minister – Reuters
- Global Youth Protests at Risk of Spreading to China – Bloomberg
- Xi urges BRI efforts with Kiribati – China Daily
- South Korea’s Moon seeks Kim Jong Un visit to Seoul – Bangkok Post
Oceania/Straya/Unzud
- Bushfires Reap What Australia’s Carbon Exports Have Sown – Bloomberg
- Bushfire preparations stymied by climate change deniers in Government, says small business lobby – ABC
- Singapore deploys two Chinook helicopters and 42 SAF personnel from Oakey Qld base to help with firefighing and relief in SE Australia – StraitsTimes
- Who Pays: should ordinary taxpayers foot the bill for bushfires or the fossil fuel giants who pay no tax? – Michael West Media
- “No one could have predicted this” says government that was warned about this in 1988, 1993, 1998, 2001, 2004, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018 and 2019 – Chaser
- ‘You are a climate denier’: Craig Kelly in car crash British TV interview over bushfire crisis – SMH (Kelly reminds me of that chap in Kiev in the Chernobyl series….)
- Twitter bots and trolls promote conspiracy theories about Australian bushfires – ZDNet
- Victorian fire chief says calls for more fuel reduction burns are an ’emotional load of rubbish’ – ABC
…and other stuff: