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Louis Buvelot, ‘Goodman’s Creek Bacchus Marsh, Victoria’ 1876, Art Gallery of NSW
Macro & Markets
- What Nutella Teaches Us About Global Supply Chain Risks– Bloomberg
- Shooting the messenger? Shipping carries the can as investors shun coal – Reuters
- Carbon superpowers – U.S.-China deal seen as symbolic but not sufficient – Reuters
- Inflation Is Now Global, But the Traps Are Local– Bloomberg
- Surge In Energy Prices Poses Major Inflation Risk– OilPrice.com
- Why it’s not quite time to panic about inflation– Vox
- Nuclear Is Hot, for the Moment– The Atlantic
- What to make of the EU-US deal on steel and aluminium?– Bruegel
- Facebook is quietly buying up the metaverse– Recode
- Crude Oil Is Back, And It Isn’t Going Anywhere– OilPrice.com
- First chips, now magnesium: Carmakers grapple with the next supply crisis– DW
- Why China’s central bank is the ‘reliable boyfriend’ bond markets need – SCMP
- Central Bankers Are Blowing Up Macro Hedge Funds – Bloomberg
- The Choking of the Global Minotaur – Project-Syndicate, Galbraith…good read…
- Climate talks back off from call to end all coal use – AP
- World leaders shy away from tackling food, farming emissions at COP26 – CBC
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Americas
- Biden signs legislation to tighten U.S. restrictions on Huawei, ZTE– Nikkei Asia
- Even JPMorgan Can’t Escape All the Job Quitters– Bloomberg
- America’s Real ‘Wokeness’ Divide– The Atlantic
- Joe Biden’s Biggest Economic Problem? Inflation Is Rising Faster Than Wages.– Slate
- Democrats have no plan to fight housing inflation– Vox
- Pressure on Fed to raise interest rates as US inflation surges to 30-year high– Guardian
- We need to talk about the real reason behind US inflation– Guardian
- Why Americans Are So Grumpy About Their Economic Boom – Bloomberg….because they feel they’ve been dudded by the 1%?…
- Where America’s Fiscal Debate Goes Off the Rails – Project-Syndicate, Eichengreen
- Why US inflation is so high, and when it may ease – AP
- Consulting firms are the ‘shadow public service’ managing the response to COVID-19 – Conversation
- The federal poverty line struggles to capture the economic hardship that half of Americans face – Conversation
Asia
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- China Looks a Lot Like Japan Did in the 1980s – Bloomberg
- Malaysian Economy Returns to Contraction as Virus Curbs Hit– Bloomberg
- China’s Dangerous Rush to Resolve the Property Crisis– Bloomberg
- Chinese state newspaper blasts ‘worship of turnover’ after Alibaba’s Singles Day – Reuters
- China wields political might to cool coal prices, but winter looms – Reuters
- Chinese leaders pave way for Xi’s 3rd term and beyond– Nikkei Asia
- Taiwan is safe until at least 2027, but with one big caveat– Nikkei Asia
- Coronavirus latest: Vietnam considers raising public debt ceiling to spur growth– Nikkei Asia
- China: Historic resolution seals President Xi’s grip on power– DW
- When industrial policy worked: The case of South Korea– VoxEU
- Western inflation puts China in monetary stalemate – Asia Times
- China’s economic recovery set to slow further, with ‘worst yet to come’ for both supply and demand – SCMP
- New Great Game in the Caucasus and Central Asia – Asia Times, Escobar…interesting read…
- Japanese giant Toshiba announces breakup plan – BBC
Europe
- Euro zone inflation to remain above ECB’s target next year – Reuters
- Why Belarus’s pipeline threats could mean even higher gas prices– Guardian
- Britain’s zombie companies won’t be reanimated by Sunak’s shocks– Guardian
- What have low interest rates done for Britain? Depressingly little– Guardian
- UK economic recovery slows sharply as GDP grows by 1.3%– Guardian
- Belarus: Western nations, Russia debate migration conflict at UN– DW
- Over half of Irish workers experiencing burnout, survey finds– RTE
- COP26: Germany fails to sign up to 2040 combustion engine phaseout– DW
- EU states split on classifying nuclear energy as ‘green’– DW
- The UK’s post-Covid fiscal rules– VoxEU
- Russian miners bring surprise nugget to the surface for global carbon fight – BNE Intellinews
- Russia’s population policy action plan to 2025 about to start – BNE Intellinews
- The EU fiscal framework: A flanking reform is more preferable than quick fixes– VoxEU
- Euro-Area Inflation Is Diverging the Most Since the Debt Crisis – Bloomberg
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Terra Specufestor
- Addicted to privatisation, addicted to failure– Michael West
- Coalition boosts food manufacturing through $33m innovation grants – Ninefax…What luck, a new bucket of slops to rort…
- Wedged by his own policy choices, PM’s ‘can-do capitalism’ is interventionism in disguise – Ninefax…that’d be a PM telling a porky, wouldn’t it?…
- Cry freedom: Morrison gambles on election reward for life after lockdown – Ninefax
- This is not economic modelling on net zero. It’s adjacent to it. – Ninefax…would that be a gilded lily?…
- Prime Minister Scott Morrison ‘doesn’t believe’ he has told a lie in public life, rejecting Macron and Turnbull’s accusations – ABC ….psychopath ups the ‘found out’ ante again with the ‘I don’t believe’ weasel. An examination of his beliefs and truth takes us to some dark places….
- Government releases modelling underpinning net zero emissions by 2050 target – ABC
- ‘Pure spin’: experts pan Coalition net-zero modelling that allows gas sector to grow– Guardian…whopping fib, anyone?….
- Industrial relations challenges remain despite pandemic era of co-operation – Ninefax…workers need to organise to give capital the reaming it deserves…
- Australian products remain popular in China’s Singles’ Day festival despite trade tensions – ABC
- RBA wants us a bit more tipsy before it takes the punch bowl away – Ninefax
- Here’s how the government’s modellers concluded net-zero would leave us better off – Conversation
- Grattan on Friday: Scott Morrison has a bingle or two on the campaign trail – Conversation…he is a piñata for the truth…
- ‘The Australian way’: how Morrison trashed brand Australia at COP26 – Conversation…wiped his ideological behind on the national reputation…
- Wood for the Trees: rush to green hydrogen masks mammoth plans to wood-chip the forests– Michael West
- ‘Ghost town’ warning as offices built without workers to fill them – Ninefax
- The PM’s ‘can-do’ climate capitalism won’t work without a price on carbon – Ninefax…so is he telling porkies looking forward or did he pork us in the past?…
- Australian PM says he has never lied while in public office – Reuters….compulsive liar, tells another…
- Australia’s unemployment rate rises to 5.2% in October as economy sheds 46,000 jobs– Guardian
- Coal baron the frontrunner as Coalition finally unfurls climate technology which exists– Michael West
- Scott Morrison says he ‘believes’ he has never told a lie in public life – was that a lie? – Guardian…can the PM help himself?…
- Our top 1% of income earners is an increasingly entrenched elite – Conversation
- Australia’s coal country braces for change – Taipei Times
- Trust an issue as Morrison says he doesn’t believe he’s lied in public life – Ninefax…does he lie to himself in the mirror each morning?…
… and furthermore…
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- The Dueling Ideas That Will Define the 21st Century– The Atlantic
- Moderna says Covid vaccine has fewer breakthrough cases than Pfizer’s, but higher myocarditis rates in young men– CNBC
- Nuclear Fusion Is Close Enough to Start Dreaming– Bloomberg
- Disadvantaged graduates earn half as much as privileged peers in first job– Guardian
- A new economic geography of decarbonisation?– Bruegel
- How green are electric vehicles?– Geopolitiques
- Optimism is bad for fiscal outcomes– VoxEU
- Bureaucracy and development– VoxEU
- Monetary and fiscal policies: In search of a corridor of stability– VoxEU
- Amazon’s favorite electric vehicle company is now worth more than Ford or GM– Vox
- Does money growth tell us anything about inflation?– Bruegel
- Blood pressure drugs could prevent type 2 diabetes, study finds– Guardian
- We Need to Talk About What ‘Transitory Inflation’ Means– Bloomberg
- Understanding corruption: there’s no need to get personal – Pearls and Irritations
- Selfishness emerges as the planet’s greatest existential threat – Pearls and Irritations…but selfishness is at the core of our economics…
- The biggest picture – Aeon
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