Global Macro / Markets / Investing:
- Millennials Born In 1980s May Never Recover From The Great Recession – CNN
- Low Unemployment Isn’t Worth Much If The Jobs Barely Pay – Brookings
- ‘The dollar is going to fall very, very sharply,’ warns prominent Yale economist – MarketWatch
Americas:
- National Debt Growing at Roughly $1 Trillion a Month – Sounding Line
- U.S. Slumps to 10th Spot in World Competitiveness Rankings – Bloomberg
- 30% of Americans missed their housing payments in June – CNBC
- The Fed says it is going to start buying individual corporate bonds – CNBC
- US May retail sales surge 17.7% in the biggest monthly jump ever – CNBC
- U.S. Bankruptcy Surge Is Worst Since the Great Financial Crisis – Yahoo
- Powell warns of ‘significant uncertainty’ about the recovery and says small businesses are at risk – CNBC
- Canada to extend the Covid emergency relief benefit indefinitely – CBC
Europe:
- Europe reopens borders to save tourist season – Business Devil Hunter
- Europe Must Stand Up to China Before It’s Too Late – Foreign Policy
- European Cities See Life Without Crowds Of Tourists — And Want To Keep It That Way – Huff Post
- France reinforces police in Dijon to stop gang violence – Aljazeera
- EU antitrust regulators to investigate Apple’s App Store, Apple Pay – Reuters
- Dijon: Police brought in to tackle Chechen violence – BBC
- Germany, preparing EU presidency, wants more reciprocity with China – Reuters
Asia:
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- China’s rich seek ways to move cash abroad before yuan weakens – Nikkei
- World’s demand for gloves sees Malaysia mint new billionaires – The Print
- Asian electric sector boom – Bloomberg
- China Loses Landmark WTO Dispute Against EU – Bloomberg
- ‘At least 20’ Indian soldiers killed in border clash with Chinese troops, media reports say – SCMP
- India, China Troops Clash at Himalayan Border, “Casualties on Both Sides” – Reuters
Trans-Tasman:
- Catholic priests receiving JobKeeper double their stipend, so the church asked for the extra – ABC
- Jacqui Lambie and Greens criticise bid to reimpose weaker political donations laws – The Guardian
- Calls for HomeBuilder funds to be redirected to fix ‘appalling’ social housing – ABC
- The number of climate deniers in Australia is more than double the global average, new survey finds – The Guardian
- Crony Capitalism: Government fights off move to shut loophole for old-money billionaires – Michael West
- Greens continue push for Federal ICAC – ABC
- Cruise ships regularly flouted NSW Government coronavirus advice, inquiry hears – ABC
- Concerns over Chinese interest in Aussie infrastructure should raise alarms – Defence Connect
- REINZ House Price Index suggests prices could have peaked in March and are now declining – Interest.co.nz