• EU wants to rely less on US dollar – China Daily
• Ford closes German plant for 1 month as global chip crisis worsens – CNN
• Eurozone industrial production exceeded expectations in November – Brussels Morning
• ECB Pushes Digital Euro, Wants To “Globally Regulate” Bitcoin’s “Funny Business” – Forbes
• Bank Of England Tells Banks to Brace For Sky-High Carbon Price – Bloomberg

Asia:

• Japan stocks poised to rise; Yellen set to urge U.S. to ‘act big’ on coronavirus relief – CNBC
• Singapore may act to stall rising home prices, analysts say – The Guardian
• China’s State-Backed Blockchain Project Has Unveiled A New Plan For Central Bank Digital Currencies – Crypto Basic
• China’s economy grows 2.3% in 2020 as recovery quickens – CNN
• Japan GDP to Return to Prepandemic Levels in FY 2021 – Nippon
• Most Major Economies Are Shrinking. Not China’s. – NY Times

Trans-Tasman:

• U.S. asks Australia to scrap proposed laws to make Facebook, Google pay for news – Reuters
• The gap between Australian house prices and incomes is only likely to grow – The Guardian
• Wage rises in Australia hit rock bottom as employers profit from the pandemic – Independent Australia
• Higher prices for fruit and veg tipped as campaign for ‘thousands’ of pickers attracts just 500 – ABC
• Homelessness crisis looms as WA’s COVID-19 rental moratorium ends – ABC
• Sports rorts: Bridget McKenzie to give evidence but says inquiry appearance a ‘cheap political stunt’ – The Guardian
• Mining billionaire Andrew ‘Twiggy’ Forrest reveals COVID-19 diagnosis – The SMH
• Another day without a case as Berejiklian pushes for borders to reopen – The SMH
• China talent programs may be accessing Australian technology, linked to grant fraud – The SMH
• RBNZ ‘to be first in the world to raise interest rates’ – Interest.co.nz
• Taking the temperature of the first home buyers – Interest.co.nz

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Unconventional Economist

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.

Latest posts by Unconventional Economist (see all)

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