Global Macro / Markets / Investing:
- The Wrong Way to Pay for Infrastructure – Barrons
- Work at Home or the Office? Either Way, There’s a Start-Up for That. – NY Times
- Labour markets in the rich world are recovering from Covid-19 – The Economist
- Super rich’s wealth concentration surpasses Gilded Age levels – Yahoo
- Stock futures plummet on global economic concerns – The Hill
- Surprising levels of inflation are increasingly being driven by wages, not goods – Economist
- China’s totalitarian regime cannot coexist with the democratic world – Ninefax
- Double whammy for food buyers as freight costs spike amid high grain prices – Reuters
- A fine mess – Weak inflation prompts a global central bank reset – Reuters
- China’s bond defaults hit record high of $18bn in first half – Nikkei Asia
- Why overpriced stock markets are headed for a major correction – SCMP
- Global minimum tax: Ireland and other holdouts face mounting pressure to fall in line – SCMP
- China to free up 1 trillion yuan to support economic recovery with ‘routine’ reserve ratio cut – SCMP
Americas:
- ‘Financially Hobbled for Life’: The Elite Master’s Degrees That Don’t Pay Off: Columbia and other top universities push master’s programs that fail to generate enough income for graduates to keep up with six-figure federal loans – WSJ
- America desperately needs 1 million more construction workers – CNN
- Wells Fargo tells customers it’s shuttering all personal lines of credit – CNBC
- IMF chief sees risk of sustained rise in U.S. inflation – Reuters
- Here are four reasons the West is headed for a ‘very drastic crisis,’ according to a veteran economist – Market Watch
- “People Get Upset”: A Mass Labor Shortage Is Leaving Hamptonites to Fend for Themselves – Vanity Fair
- US jobless claims tick up to 373,000 from a pandemic low – AP News
- Hiring crunch is boosting pay for restaurant workers – CBS
- Welcome to the year of wage hikes. Workers are returning — to higher-paying firms. – Washington Post
- Retail workers in unions reap higher wages even as U.S. organizers suffer setbacks – Reuters
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Europe:
- ECB sets “symmetric” 2% inflation target, prepares greater role in fighting climate change – Politico
- A breakdown of EU countries’ post-pandemic green spending plans – Bruegel
- The risks from climate change to sovereign debt in Europe – Bruegel
- Banks post-Brexit: regulatory divergence or parallel tracks? – Bruegel
- Paris and Brexit-battered London fight to be crowned the global capital of green banking – Fortune
- Russia’s sovereign wealth fund cuts US dollar reserves to ZERO – RT
- The Reflation Trade Has Believers in Frankfurt – Bloomberg
- The risks from climate change to sovereign debt in Europe – Bruegel
- How have the European Central Bank’s negative rates been passed on? – Bruegel
- The sale of the UK’s largest chip plant to China shows how Brexit has left Britain exposed – New Statesman
- Iceland takes to shorter hours after four-day week trials – DW
- Russia faces a stagnant decade of 1.5% GDP growth after the coronacrisis – BNE INtellinews
- Short-term contracts and working for free: Scientists in Germany speak out – DW
Asia:
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