Global Macro / Markets / Investing:
- Bernie Sanders Could Be the Stock Market’s Best Friend – Bloomberg
- Capitalism destroys democracy. It’s an unsustainable economic system – Washington Post
Americas:
- America’s current healthcare is getting an extra 450 billion profit off its citizens every year, and letting 68,000 Americans to die every year – Common Dreams
- There’s now a record number of 401(k) and IRA millionaires, according to Fidelity – CNBC
- US Fed starts slowing down the “QE Lite” liquidity pump – Yahoo
- White House considering tax incentive for more Americans to buy stocks, sources say – CNBC
- Black Workers’ Wages Are Finally Rising – NY Times
Europe:
- Negative rate mortgages arrived in Denmark – CBC
- U.K. towns flooded, residents evacuated as Storm Dennis hits region – Igorb News
- France company Total considers stopping fuel oil sales for power to reduce carbon footprint – Reuters
- As long as I’m president, gay marriage will not happen’ – Russia’s president Putin vows – Mazech Media
- Macron calls for better long-term relations with Russia – France 24
- German court halts work on Tesla’s car factory – BBC
- Hungary’s Orban lashes out at slow EU growth and ‘sinister menaces’ – Euro News
Asia:
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- People’s Bank of China to destroy billions of cash in areas hard hit by coronavirus – Mazech
- China cleaning and locking away banknotes – Asia Times
- Coronavirus Brings China’s Debt Problem Back Into Light – Barrons
- China Is Disintegrating: Steel Demand, Property Sales, Traffic All Approaching Zero – Zero Hedge
- Malaysia’s PM-in-waiting seeks end to palm oil tension with India – Times of India
Trans-Tasman:
- Australian government granted BHP repeated approval to increase carbon emissions – The Guardian
- Centrelink sent Tracey a $45,500 parenting allowance bill, but she doesn’t have any children – ABC
- Questions raised over decision to let cotton farms harvest first rainfall in years – The Guardian
- Home ownership has become a devouring monster – The SMH
- Clive Palmer says he was behind the Coalition’s election victory all along – SBS
- Government bets it all on rising house prices as debt continues to soar – New Daily
- Holden brand axed in Australia – Car Advice
- Face mask supplier referred to ACCC over ‘opportunistic’ 1500% mark-up – The Age
- Sports grants scandal: rural areas received less than $10m of $150m funds allocated – The Guardian
- Regional towns at risk of losing residents in exodus after bushfires – The SMH
- Recession risk: Don’t forget the drought! – Interest.co.nz
- National promises tax cuts that’ll benefit ‘average’ income earners – Interest.co.nz