Links 5 October 2021

Macro & Markets

• In the ‘Yes, But’ Recovery, Conviction Is a Curse – Bloomberg
• Clock is ticking: the walls are closing in on the $2.8tr crypto market – Ninefax
• Central Banks Want to Issue Digital Coins But There’s a Major Trade-Off – Bloomberg
• Buckle up because global markets are in for a bumpy ride in the days and months ahead – ABC
• The People With the Most to Lose in a U.S.-China Cold War – The Atlantic
• US, EU still not on the same China page – Asia Times

Americas

• Global natgas price surge looms for United States this winter
• A Colorado town is about as vaccinated as it can get. COVID still isn’t over there – Ninefax
• Workers face mounting pressure to get their shots — or get fired – CBS
• What an end to blind bidding for real estate could look like – CBC
• Two new solitudes — rural and urban — now define the Canadian political landscape – CBC
• Biden v Big Meat: Can the US tackle rising beef prices? – BBC
• Pandemic making nursing shortage a crisis in St. Louis – AP
• Facebook hastily switched off safeguards after Biden beat Trump, helping pave path to deadly Capitol riot: whistleblower – MarketWatch
• The Strange Death of Conservative America – Project-Syndicate, Delong

Asia

• China Evergrande share trading halted in Hong Kong – Reuters
• China tightens political control of internet giants – AP
• Chinese firms warned to strengthen foreign exchange safeguards – SCMP
• China’s electricity got shut off — here’s why – DW
• Japan can teach Canada and other middle powers how to counter China – Nikkei Asia
• China’s Power Shortfalls Begin to Ripple Around the World – Bangkok Post

Europe

• Gordon Brown warns 3.5m households face fuel poverty this winter – Guardian
• Sunak threatened by new winter of discontent after UK recovery fizzles out – Guardian
• Global supply crunch fuels German inflation – DW
• The effectiveness of ECB euro liquidity lines – VoxEU
• Russia’s IPO boom – BNE Intellinews

Terra Specufestor

• Gladys Berejiklian approached by senior Liberals to run in federal seat of Warringah – Guardian….you couldn’t make this stuff up…
• Vaccine passports in Australia: who will impose them and how will they work? – Guardian
• Robert Menzies wouldn’t recognise the Liberal Party’s employment policies today – ABC
• Australia border relief brings unease over ‘Orwellian’ quarantines – Nikkei Asia
• COVID lays bare Australia’s dyed-in-the-wool complacency – Nikkei Asia
• CBA warns on staff shortages as economy reopens – Ninefax
• Sub deal ignites heated nuke debate in Australia – Asia Times
• 3 ways the collapse of Evergrande will hurt the Australian economy – The Conversation
• Smiles for Frydenberg and Birmingham, but not for those on JobSeeker – Michael West Media
• The Reserve Bank of NZ is readying to roll out the inflation vaccine – Stuff.co.nz

…and furthermore…

• Whistleblower says Facebook put profit before reining in hate speech – Reuters
• Coffee bean price spike just a taste of what’s to come with climate change – Guardian
• Schools Need to Undo the Damage of Pods – The Atlantic
• When the world actually solved an environmental crisis – Vox
• Coronavirus: vaccines, declining antibodies and the immune memory – SCMP

….and Pandora papers – worth a look…

• The Pandora Papers financial leak shows us the secrets of the world’s rich and powerful – ABC
• Pandora papers: biggest ever leak of offshore data exposes financial secrets of rich and powerful – Guardian
• Pandora Papers: Document dump allegedly links world leaders to secret wealth – Reuters
• Pandora papers reveal hidden riches of Putin’s inner circle – Guardian
• Offshore provider accused of failing to follow money laundering rules – Guardian
• ‘No stone is left unturned’: Australian links in Pandora papers will be investigated, ATO says – Guardian
• Leaked records open a ‘Pandora’ box of financial secrets – AP
• Huge ‘Pandora Papers’ leak exposes secret offshore accounts of politicians, celebrities and billionaires – CBC
• Pandora Papers: Ireland used as de facto ‘offshore’ location – Irish Times
• New OCCRP Pandora Papers leak reveals more details of secret financial networks of New Europe’s elite – BNE Intellinews